Cooley LLP

Alert: SEC Proposes Long-Awaited Compensation Clawback Rule

On July 1, 2015, the SEC issued a proposal to implement the last of the compensation-related provisions of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that remained untouched on the SEC's plate—Section…more
| Commercial Law & Contracts, Securities Law

Blog: Court Holds Corporate Integrity Agreement May Be Basis for Reverse False Claim Liability

This week, a federal district court denied Cephalon Inc.’s (Cephalon) motion to dismiss a third amended complaint filed under the False Claims Act (FCA) by three qui tam relators in United States ex rel. Boise v. Cephalon, Inc…more
| Government Contracting, Health, Science, Computers, & Technology

Blog: NACD Suggests Questions For Boards To Ask Cybersecurity Officers

As reported in the WSJ, the National Association of Corporate Directors advises that boards ask their companies’ chief information security officers some pointed questions about cybersecurity risks. Often, boards just ask…more
| Privacy, Science, Computers, & Technology

Blog: A Proposal To Extend Beneficial Ownership Rules To UK Land-Holding Foreign Companies

A report published yesterday by Global Witness, alleging that an individual with ties to a former Kazakh public official owns large swathes of London, follows much recent interest in the issue of public officials owning property…more
| International Law & Trade, Real Estate - Residential, Zoning, Planning & Land Use

Alert: New DOL Guidance on Classification of Workers as Employees or Independent Contractors

On July 15, 2015, the Wage and Hour Division of the Department of Labor (the "DOL") issued a fifteen-page "Administrator's Interpretation" (the "Interpretation") on the appropriate classification of workers as employees and…more
| Labor & Employment Law

Newsletter: Cooley M&A Team News - July 2015

As discussed in our March 2014 and April 2015 newsletters, in the last few years, there have been numerous developments in the law and practice surrounding appraisal rights under Delaware law. That trend has continued with the…more
| Antitrust & Trade Regulation, Civil Procedure, Mergers & Acquisitions, Insurance, Securities Law

Blog: Does Auditor Rotation Impair Professional Skepticism?

CFO.com is reporting on a study published in a leading accounting journal The Accounting Review (payment required) that reaches the counter-intuitive conclusion that auditor rotation actually impairs professional skepticism. …more
| Business Organizations, Finance & Banking, International Law & Trade, Securities Law

Blog: CMS Announces Updated Guidance Related to CME Reporting and Issues New Sunshine FAQs

Last week, the Centers for Medicare & Medicaid Services (CMS) announced that it updated its Open Payments Law and Policy webpage and issued 3 frequently asked questions (FAQs) related to the reporting of payments and transfers…more
| Education, Health, Science, Computers, & Technology

Blog: CMS Announces that Data Analytics has Prevented $820M in Improper Medicare Payments

The Office of Inspector General (OIG) recently certified the “positive return on investment” from the FPS and recommended its continued operation, although the OIG determined that it was not feasible at this time to expand the…more
| Health, Government Contracting

Blog: UCLA Health Announces It Was A Victim of a Cybersecurity Attack

UCLA Health announced today that it was the victim of a cybersecurity attack. The press report disseminated by UCLA Health noted there is evidence that computer systems containing sensitive personal data and health data was…more
| Health, Privacy, Science, Computers, & Technology

Alert: The FCC's Telephone Consumer Protection Act Order

On July 10, 2015, the Federal Communications Commission (FCC or Commission) released an order that purports to respond to numerous different petitions asking the agency for clarification regarding the federal Telephone Consumer…more
| Communications & Media Law, Consumer Protection, Privacy

Blog: Some Notes From The SEC’s Investor Advisory Committee Meeting

Pat McGurn of ISS discussed the past proxy season, which he viewed as “one of the strangest” ever. Why strange? Because of the impact of momentum on the season. For example, proxy access proposals certainly had the Big Mo this…more
| Business Organizations, Securities Law

Blog: St. Elizabeth’s Medical Center Reaches Agreement to Settle Alleged HIPAA Breach

Last week, St. Elizabeth’s Medical Center (SEMC), a hospital located in Brighton, Massachusetts, agreed to settle alleged violations of the Health Insurance Portability and Accountability Act of 1996 (HIPAA) by paying $218,400…more
| Health, Privacy, Science, Computers, & Technology

Alert: Hiring Unpaid Interns: Federal Court Changes (Some of) the Rules

On July 2, 2015, a federal appeals court upended the test companies and courts have relied upon for nearly seventy years to determine whether or not an intern must be paid. Instead, in Glatt v. Fox the Second Circuit Court of…more
| Education, Labor & Employment Law

Alert: Is an Innovation Box Coming to the US?

United States lawmakers are facing increasing pressure from technology and life science industry leaders to adopt an "innovation box" regime to level the playing field with foreign counterparts and prevent significant US job and…more
| Elections & Politics, Intellectual Property, International Law & Trade, Science, Computers, & Technology, Taxation
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101 California Street 5th Floor
San Francisco, CA 94111-5800, United States

  • 415 693 2000
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