On September 16, the US Attorney's Office for the Northern District of Illinois (NDIL) announced the launch of its Individual Self-Disclosure (ISD) Pilot Program. The program offers non-prosecution agreements to qualifying individuals… more
On September 30, 2022, the Financial Crimes Enforcement Network (“FinCEN”) published its final rule to implement beneficial ownership reporting requirements set forth in the Corporate Transparency Act (the “CTA”). The CTA and related… more
We are all familiar with — over and over — third-party risks and FCPA risks. It is drilled in our collective heads — third-party risks and bribery. Legal and compliance professionals have to learn and understand the ins and outs of… more
Deputy Assistant Attorney General Nicole M. Argentieri’s speech highlighted a critical shift in the Department of Justice’s (DOJ) approach to evaluating corporate compliance programs. As outlined in the updated 2024 Evaluation of… more
On September 19, 2024, Wells Fargo Clearing Services, LLC d/b/a First Clearing filed a notice of data breach with the Attorney General of Massachusetts after discovering that an unauthorized party was able to access confidential… more
Recently, the U.S. Circuit Court of Appeals for the Eighth Circuit affirmed a discovery ruling, including an award of $93,243.50 in attorneys’ fees, against a defendant in a lawsuit arising under the Fair Credit Reporting Act (FCRA)… more
On September 20, 2024, in a 4-1 vote, the Commodity Futures Trading Commission (“CFTC” or “Commission”) approved final guidance for derivatives exchanges concerning the listing of voluntary carbon credit (“VCC”) derivative contracts… more
On September 4, 2024, the Fourth Circuit Court of Appeals, in Anderson v. Diamondback Investment Group, LLC, ruled on whether a former employee’s use of lawful hemp-derived products containing delta-9-tetrahydrocannabinol (THC) to… more
Stripe has options to provide liquidity to investors beyond an IPO, one of which is a stock buyback, said James Stevens, a partner at the law firm Troutman Pepper who works with fintech companies. But “that takes away money that could… more
In this episode of The Consumer Finance Podcast, Chris Willis delves into the Consumer Financial Protection Bureau's (CFPB) recent response to the Treasury Department's request for information on the use of artificial intelligence (AI)… more
Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance… more
In a sealed order that issued on September 24, 2024, the District Court for the Northern District of West Virginia denied a preliminary injunction against Amgen in the aflibercept BPCIA litigation… more
On 16 July 2024, the Hong Kong LegCo Bills Committee which is considering the Construction Industry Security of Payment Bill (“Bill”) held a meeting to receive representations and submissions on the Bill from deputations sent by… more
As of September 10, 2024, USCIS will automatically extend the validity of Permanent Resident Cards (or “Green Cards”), for which a Form I-90, Application to Renew or Replace Permanent Resident Cards has been submitted, for 36 months… more
On September 17, 2024, the FDIC board approved a notice of proposed rulemaking that would increase recordkeeping obligations for bank deposits received from third party, non-bank companies that accept those deposits on behalf of… more
In today's fast-paced corporate environment, in-house legal and privacy teams are under immense pressure to navigate the complexities of eDiscovery. With organizations generating massive volumes of electronic data daily, the stakes… more
The FTC continues to prioritize the investigation of online business coaching and mentoring programs, particularly business coaching scams that promise guaranteed income, large returns, “proven systems,” free or low-cost “systems,” and… more
The FTC’s effort to implement a nationwide ban on the use of most non-compete agreements has been stalled indefinitely following a recent court ruling by a district court judge in Texas… more
The Harvard Business Law Review recently published an article entitled “Insider Trading by Other Means” by an influential research group, which asserts that using the “J” (other) code in a Form 4 is highly correlated with dispositions… more
The BIOSECURE Act passed the House of Representatives on September 9, 2024, with a bipartisan vote of 306–81. It has now moved to the Senate, which has its own version of the BIOSECURE Act already in play. If passed by the Senate and… more
On 18 September 2024, the FCA provided an update on its work in the cash savings market. Following the FCA’s 2023 cash savings market review in light of concerns that higher interest rates were not being passed on effectively to… more
Federal Lawsuit Says Leading Homebuilder Required Employee with Nerve Damage to Endure Long Commute - ANNAPOLIS, Md. – DR Horton, a Texas-based homebuilder operating across the United States, violated federal law when it failed to… more
Question: Do employees have to be employed for 12 months or work 1,250 hours to qualify for the Pregnant Workers Fairness Act (PWFA), or do they qualify as soon as they begin employment?… more
On September 23, 2024, Regeneron’s motion for a preliminary injunction against the commercial launch of Amgen’s EYLEA® (aflibercept) biosimilar Pavblu™ (aflibercept-ayyh) was denied in Case No. 1:24-cv-00039 (N.D.W. Va.) / MDL… more
Orlando firms need to make sure they aren’t among the thousands of U.S. businesses that potentially were tricked by scams to inadvertently file fraudulent employee retention credit claims — something punishable by fines and even jail… more
As we previously reported, a Los Angeles jury awarded one of the largest verdicts in history in a sexual assault case in June 2024, doling out a massive $900 million verdict in favor of a plaintiff in a suit against billionaire… more
Artificial intelligence (AI) has the power to revolutionize health care. In oncology, there are now opportunities to apply AI to support diagnostics, predictive analytics, and administrative functions. This hot topic was discussed… more
Recent Supreme Court decisions, such as the opinions in Loper Bright Enterprises v. Raimondo and Relentless v. Department of Commerce that overruled the long-standing Chevron doctrine, will likely impact how federal agencies interpret… more
Federal Lawsuit Charges Fitness Center Subjected Employees, Including Teens, to Hostile Work Environment and Failed to Take Prompt Action to Stop Harassment - MINNEAPOLIS – The St. Cloud Area Family YMCA violated federal laws by… more
In the legal industry, where competition is fierce and trust is paramount, brand awareness is essential. Clients and referral partners often choose firms based on reputation, expertise, and visibility. LinkedIn, as the leading… more
The Colorado Legislature has adopted an Extended Producer Responsibility (“EPR”) Program which requires producers of certain packaging and paper materials to cover the cost of recycling those materials in the state. If you are a… more
Key Takeaways - •FinCEN has issued two new final rules to significantly expand regulation around certain investment adviser and residential real estate sectors to combat illicit finance in these areas. These highly anticipated… more
September 24, 2024- The House Financial Services Committee (FSC) held a hearing to conduct oversight of the Securities and Exchange Commission with testimony from all five Commissioners. In preparation of such hearing the FSC Chair… more
Tuesday was HR Professionals Day, an annual celebration that recognizes the hard work of Human Resource personnel and highlights the unique challenges they face. HR departments are often maligned, but they ensure that operations run… more
On September 18, 2024, the Department of Treasury (the “Treasury”) and the Internal Revenue Service (the “IRS”) (1) issued proposed regulations (the “Proposed Regulations”) providing guidance to taxpayers on the Alternative Fuel… more
CHICAGO — City’s ShotSpotter Contract Ends- After months of contentious debate among city leaders, the City of Chicago ceased use of the gun detection technology ShotSpotter. NEW YORK — Top Taxi, Rideshare Insurer Facing Financial… more
On September 20, the District Court for the District of Oregon denied a motion for a preliminary injunction enjoining enforcement of the Corporate Transparency Act (CTA) on the basis that the plaintiffs’ claim that the CTA was… more
While a silent trust could solve issues for some settlors, this trust arrangement comes with some complexities that must be considered. Additionally, even with the best-laid plans, there is the potential for an inadvertent early… more
Zero-tolerance drug policies in the workplace are an endangered species. Traditional drug laws and policies as they relate to the workplace are being upended, and employers are increasingly struggling to grapple with the patchwork of… more
In our previous article, we described the due diligence process, including what a buyer would look for in your practice. Once due diligence is under way, the next step is the purchase agreement, which is usually prepared by the buyer’s… more
As loyal readers of the OSHA Defense Report know, OSHA continues to look for ways to proactively inspect workplaces in industries that the agency believes merit greater attention, including through the development of new National… more
The Supreme Court’s Technology Department has done it again. Quietly adding even more features to the appellate courts’ electronic filings site, www.ncappellatecourts.org. The filing site has long allowed attorneys and the public to… more
New Federal Lawsuit Says Female Employees Subjected to Pervasive Sexist Comments, Disparate Treatment and Retaliatory Firing - SAN ANTONIO – Benson Enterprises, Inc., the operator of multiple automotive dealerships including Ingram… more
According to the California legislature, audio recordings, video recordings, and still images can be compelling evidence of the truth. However, the proliferation of Artificial Intelligence (AI), specifically, generative AI, has made… more
In today’s office leasing market and with recent construction challenges, landlords are seeing a competitive market advantage in developing and offering speculative suites to attract tenants. In recent years, many companies have faced… more
On April 1, 2024, pursuant a final DHS rule, the immigration agency USCIS changed its premium processing time for certain immigration petitions from 15 calendar days to 15 business days. This is the same rule that increased… more
The U.S. Supreme Court’s 2022 decision in Dobbs v. Jackson Women’s Health Organization to eliminate the federal constitutional right to abortion continues to alter the legal landscape across the country. On April 26, 2024, the U.S… more
Federal Agency Says Discriminatory Hiring Resulted in Underemployment of Men at Restaurants - GREENSBORO, N.C. – Battleground Restaurants, Inc., and Battleground Restaurant Group, Inc., North Carolina-based corporations that operate… more
On September 11, 2024, the U.S. Environmental Protection Agency (“EPA”) approved under the Clean Air Act (“CAA”) an indirect source rule that is intended to reduce emissions associated with warehouses located within the South Coast Air… more
On September 12th, legislation denominated the Carbon Scoring Act of 2024 (“Act”) was introduced in the United States Senate..… more
The U.S. Treasury Department’s SSBCI program provides a potentially significant source of capital for venture capital fund managers. In particular, venture capital funds focused on targeted geographies may find SSBCI funding… more
The Supreme Court will begin a new term on October 7, and we’re watching several cases that will likely have a big impact on the workplace. The Justices will grapple with wage and hour issues, coverage under the Americans with… more
Companies have a plethora of data at their disposal – litigation strategy shouldn’t be hemmed in by the usual suspects (emails, financial datasets, etc.). Leveraging analytics techniques across a wide range of datasets can help… more
Federal Agency Charges Construction Company Forced Employee to Resign Because She Participated in an Investigation and Opposed Sex Discrimination - CHATTANOOGA, Tenn. – Shimmick Corporation, doing business as Shimmick Construction… more
Unlock the power of AI in eDiscovery by building a rock-solid data foundation. Join our webinar to discover how ProSearch's portfolio of tools and processes can streamline your data preparation, making it AI and Review ready. If you're… more
In our complimentary four-part webinar series, Shipman's labor and employment attorneys will guide private-sector employers through some of the most pressing legal challenges in the modern workplace. From neurodiversity and… more
The Securities and Exchange Commission (SEC) recently adopted amendments to the reporting requirements of Forms N-PORT and N-CEN and issued guidance related to registered open-end funds’ liquidity risk management programs (LRMPs). The… more
The Department of Education recently released guidance to assist colleges and universities comply with pregnancy-related aspects of the new Title IX regulations that took effect on August 1. The “Nondiscrimination Based on Pregnancy or… more
