News & Analysis as of

Incentive Awards

Better Part of Valor: Delaware Supreme Court Rules No Ratification Defense for Director Grants under Discretionary Plans

by Farrell Fritz, P.C. on

What happens when corporate directors approve their own awards under an equity incentive plan? Under Delaware law, so long as the plan is approved by a majority of the fully informed, uncoerced and disinterested stockholders,...more

President Trump Signs Tax Reform Bill into Law

On December 15, 2017, the House and Senate conference committee agreed on the terms of the final tax reform bill, previously referred to as the “Tax Cuts and Jobs Act” (the “Act”), which was subsequently approved by both...more

OIG issues Advisory Opinion on a Retail Pharmacy’s Paid Membership Program Which Includes Federal Health Care Program...

by Dorsey & Whitney LLP on

On September 7, 2017, the OIG posted an advisory opinion regarding a retail pharmacy chain’s proposal to extend to federal health care program beneficiaries the option to participate in a paid membership program that includes...more

City of L.A. Accepting Comments on Guidelines for Transit-Oriented Communities Incentive Program

by Holland & Knight LLP on

The Los Angeles Department of City Planning is accepting comments on draft guidelines for a new transit-based affordable housing incentive program. The new program is required by Measure JJJ (adopted by voters in November...more

House Legislation Seeks to Harmonize Wellness Programs with ADA and GINA

by Jackson Lewis P.C. on

On March 2, 2017, in an attempt to clear the murky waters surrounding wellness programs, Rep. Virginia Foxx, chairwoman of the House Committee on Education and the Workforce, introduced the Preserving Employee Wellness...more

CFPB Sues Bank Over Overdraft Sales Pitch

The CFPB’s concern with incentives and overdrafts continues and has resulted in a lawsuit filed against a Minnesota based TCF National Bank. In the lawsuit, the CFPB alleges that TCF National Bank violated the UDAAP...more

Tunisia – New Investment Law

by White & Case LLP on

Prior to the "Tunisia 2020" conference on development and investment which will take place in Tunis at the end of this month, the Tunisian legislature adopted law n°71-2016 dated 30 September 2016, ("Loi sur l’Investissement...more

New evaluation of Medicaid incentive programs shows need for improvement

by Dentons on

Policymakers at both the federal and state levels have, in recent years, supported incentive programs designed to influence Medicaid beneficiary behavior, in the hopes that such behavioral changes will improve beneficiaries'...more

Target and Card Issuers Reach Final Data Breach Settlement

Two years after the massive holiday season theft of customers’ payment card data from Target point of sale terminals, the Target data breach litigation appears to be entering its final act. On Tuesday, December 1, Target...more

Nanotechnology Startup Challenge for Cancer Will Bring Nanotechnology Inventions to Market

by Bergeson & Campbell, P.C. on

On October 29, 2015, the White House Office of Science and Technology Policy (OSTP) published a blog item concerning the Nanotechnology Startup Challenge for Cancer (NSC2), “an open-innovation competition designed by the...more

California Governor Signs Legislation Establishing Significant New Energy Goals

by Best Best & Krieger LLP on

Law Sets Standards Aimed at Addressing Climate Change - Today, Gov. Jerry Brown signed SB 350 into law, setting two ambitious climate change-related goals: a 50 percent increase in building energy efficiency, and a...more

Changes Are Afoot for Quality Measures and Physician Payment Provisions

by Baker Ober Health Law on

In the proposed Medicare Physician Fee schedule (PFS) update for 2016, CMS announces a number of new policies, making changes to several of the quality reporting initiatives that are associated with PFS payment, and begins...more

From Handshake to Ribbon Cutting: Lessons in Implementing Economic Development Incentives that Avoid Clawbacks

by McDermott Will & Emery on

Once an incentive agreement is in place, it is time for the company to get to work building and staffing the new or expanded facility. While the economics of a deal are typically still on track, the initial buildout/expansion...more

Five 2015 Corporate Compliance / Litigation Issues Manufacturers Need To Keep An Eye On

by Robinson & Cole LLP on

It is our annual tradition at the beginning of each year to report on significant issues that face manufacturers/distributors in the year ahead.  Two weeks ago, Matt reported on significant issues in the labor/employment...more

Court Approves Overtime Class Settlement After Initially Rejecting It

by BakerHostetler on

We wrote last May about the court’s rejection of a $1.75 million settlement in Cruz v. Sky Chefs, Inc., Case No. C-12-02705 DMR (N.D. Cal. 2014) [May 27, 2014]. The court’s decision related to the settlement of...more

EERE-Funded Projects Recognized by R&D 100 Awards

by Bergeson & Campbell, P.C. on

On November 7, 2014, R&D Magazine announced its 52nd R&D 100 Awards, which are widely recognized as the "Oscars of Invention." Major technological breakthroughs made over the past year were honored and included work from...more

$10.2 Million Awarded by DOL to Detect Worker Misclassification

Recently, the U.S. Department of Labor announced awards of $10,225,183 in grants to 19 states to implement or improve worker misclassification detection and enforcement initiatives in their unemployment insurance programs. ...more

2015 Presidential Green Chemistry Challenge Awards Move Deadline To December 31, 2014

by Bergeson & Campbell, P.C. on

While it may seem like it was just last week that the 2014 Presidential Green Chemistry Challenge Awards were announced, the deadline for the 2015 awards is fast approaching -- December 31, 2014. The U.S. Environmental...more

California District Court Rejects Overtime Settlement Over $50,000 Incentive Awards

by BakerHostetler on

Large incentive awards continue to jeopardize class action settlements. We wrote on February 14 about recent cases in which Circuit Courts rejected settlements due to disproportionate incentive awards. A recent case from the...more

Incentive Award Guidance From Recent Class Actions

by Zelle LLP on

Class representatives play a vital role in competition and other class actions. They participate in the litigation process as an individual plaintiff would — devoting their time and resources to the case, and undertaking...more

CMS Aims to Grease the Reporting Wheels for Medicare Fraud and Abuse

by Morgan Lewis on

Proposed rule would substantially increase rewards for fraud tips and enhance billing revocation authority. On April 29, the Centers for Medicare & Medicaid Services (CMS) published a proposed rule (Proposed Rule) that...more

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