Securities Fraud

* Congratulations to Quinn Emanuel partner Alex Spiro and Jose Baez, of Casey Anthony fame, on a big win: a full acquittal in the securities-fraud trial of David Demos. [Bloomberg]

* Do you feel that the Supreme Court is taking its sweet time in releasing opinions this Term? Adam Feldman confirms that it’s not your imagination. [Empirical SCOTUS]

* Consovoy McCarthy Park, the elite litigation boutique led by a group of conservative former SCOTUS clerks, welcomes its newest partner: Jeffrey Harris, former associate administrator of the Office of Information and Regulatory Affairs and former law clerk to Chief Justice Roberts. [National Law Journal]

* Are law school graduates getting “good” jobs? Professor Derek Muller has a novel idea: why don’t we ask them? [PrawfsBlawg]

* The Colorado congressional race featuring two NYU Law alumnae, incumbent Diana DeGette and challenger Saira Rao, reflects a divide in the Democratic Party more broadly. [NBC News]

* Criminal defense lawyer Joel Cohen argues against reading too much into an individual’s invocation of the Fifth Amendment — even if the individual happens to be Donald Trump or someone connected to him. [The Hill]

* Criminal defense lawyer Elizabeth Kelley interviews Stanford law professor Paul Goldstein about his biting and funny law school satire, Legal Asylum (affiliate link). [AuthorChats]

* Speaking of books, if you’d like to support the Jersey City Free Public Library — and enjoy some delicious Filipino food by celebrity chef Dale Talde — please join me this Thursday, May 17, for what should be a great evening! [Jersey City Free Public Library]

* Stormy Daniels, the porn actress who was paid six figures in exchange for not spilling the beans about her affair with Donald Trump, is now suing him, claiming that the “hush agreement” she entered into prior to the election is invalid because he never signed it. [Washington Post]

* File this under Not Top Ten: Former ESPN legal analyst and sports anchor Adrienne Lawrence, a onetime associate of Greenberg Traurig, Arent Fox, and McGuireWoods, has filed a sexual harassment suit against the sports network, claiming that SportsCenter anchor John Buccigross constantly harassed her. [American Lawyer]

* Not only will the government be able to seize more than $7.3 million of disgraced pharma bro Martin Shkreli’s assets — including his one-of-a-kind Wu-Tang Clan album — but prosecutors want to throw him behind bars for no less than 15 years. [New York Law Journal]

* Attorney General Jeff Sessions will announce today that the Justice Department will be filing suit against California over its “sanctuary state” laws. As alleged in the complaint, the Golden State’s laws — AB 450, SB 54, and AB 103 — were all created to impede immigration laws. [USA Today]

* “When I heard the gun went off accidentally, that just didn’t ring true. Someone has to pull the trigger. They just don’t accidentally discharge.” Prospective jurors in former Biglaw partner Claud “Tex” McIver’s murder trial weren’t exactly buying his defense. [Atlanta Journal-Constitution]

* Forget about the egregious law school tuition you’ll have to pay in the future, because it can cost quite the pretty penny to apply to law school in the first place. You may want to look into fee waivers so you can save yourself some cash. [U.S. News]

* Billy McFarland, the millennial entrepreneur who organized the disastrous Fyre Festival, has taken a plea deal after defrauding the investors who bought into the failed event. He’s looking at sentence of eight to 10 years in prison. [Big Law Business]

* Now that Rudy Giuliani’s in the news again thanks to his departure from his namesake firm, he’s letting his opinions be known on all sorts of things relevant to lawyers and law students. In fact, he thinks law school should be four years long. Go back into the woodwork, Rudy. [Big Law Business / Bloomberg BNA]

* After a decade on SCOTUS, Justice Samuel Alito hasn’t strayed from his conservative roots like some of his colleagues. He “has been every bit as conservative as conservatives could have dreamed — and as liberals would have feared.” [ABA Journal]

* Prior to Martin Shkreli’s arrest, prosecutors obtained a secret order nullifying attorney-client privilege in communications between the pharma bro and his Biglaw attorney. Per records, this case has been ongoing since before he outed himself as a d-bag. [Reuters]

* “Whether I want to marry or not, it should be my right to decide.” China’s first-ever lawsuit challenging its ban on same-sex marriage is expected to be heard in court today. In a country as conservative as China, this could be revolutionary. [New York Times]

* Shake those pom-poms, because the New York Jets have reached a settlement with the team’s cheerleaders in a lawsuit filed over alleged wage theft. The J-E-T-S will pay out $324,000, making it the fourth NFL team to settle such a suit. [New York Daily News]

* Both Kaye Scholer partner Evan Greebel (formerly of Katten Muchin) and Turing Pharmaceuticals CEO Martin Shkreli pleaded not guilty to securities fraud charges. Now, the world is left to weep because Skhreli’s Wu-Tang album wasn’t seized. [Reuters]

* “You are not an American because you got sworn in on a Koran.” The Hate Crimes Unit of the New York Police Department is investigating a series of threatening calls made to Judge Carolyn Walker-Diallo, Brooklyn’s first Muslim judge. [WSJ Law Blog]

* David Lola, the contract attorney who sued Skadden and Tower Legal for overtime pay with claims he wasn’t practicing law, settled his claims for $75,000. But now we don’t know if doc reviewers are entitled to overtime pay. 🙁 [Big Law Business / Bloomberg]

* Slater & Gordon, the world’s first publicly traded law firm, continues to watch as its stock price tumbles. The firm’s shares are now worth A$0.89 after it decided to pull its earnings guidance, and they’ve lost 90 percent of their value since April. [The Guardian]

* That’s not how you’re supposed to examine briefs: A Maryland court commissioner was charged with visual surveillance with prurient intent and misconduct in office after allegedly using his cellphone to take an upskirt photo of a courthouse employee. [AP]