in June, FINRA reminded broker-dealers of their best execution obligations which are derived from common law agency principles and fiduciary obligations.
The House Ways and Means Committee advanced key tax reform proposals on September 15 that would increase taxes for corporations and high-income individuals.
In Blackbaud Inc. Customer Data Security Breach Litigation, No. 3:20-mn-02972 (D.S.C. Aug. 12, 2021), a federal judge found that defendant, Blackbaud Inc. was subject to the CCPA despite its motion to dismiss asserting that it did not qualify as a “business” under the Act.
In a recent notice to the industry the Federal Insurance Office (“FIO”) set forth a series of requests to both life and property/casualty insurers for information as to the impact of climate change on both their insurance risks and asset valuations affecting their solvency. See Federal Insurance Off
On September 7, 2021, three former U.S. Intelligence Community and military personnel (Defendants) entered into a Deferred Prosecution Agreement (DPA) with the U.S. Attorney’s Office for the District of Columbia and the U.S. Department of Justice, National Security Division.
South Asian Bar Association, Arab American Bar Association of Illinois, Asian American Bar Association of Greater Chicago, Khanbabi Immigration Law, The Rapid Response Project
On September 9, 2021, President Biden signed Executive Order 14042, Ensuring Adequate COVID Safety Protocols for Federal Contractors, as a key component of his Path Out of the Pandemic COVID-19 Action Plan.
The New York Attorney General’s office announced that drugmaker Endo Health Solutions has agreed to pay $50 million dollars to resolve a lawsuit brought by the state of New York as well as two New York counties alleging that Endo (and other major drug manufacturers) improperly marketed and sold pres
On September 14, 2021, District Court Judge David N. Hurd of the Northern District of New York granted a temporary restraining order (TRO) barring the New York State Department of Health (DOH) from enforcing the vaccine mandate to the extent that it requires that any employers deny religious exempti
In November 2018, then-Attorney General Jeff Sessions launched the Department of Justice’s (DOJ) China Initiative, to prevent, combat, and prosecute theft of intellectual property, technology, trade secrets, and other confidential and proprietary information.
LIBOR, which is the benchmark used in many loans, bonds, and other financial instruments (including derivatives), is scheduled to be phased out shortly.
In this podcast, Partner Lowell C. Brown discusses how physician and hospital leaders can best prepare for and manage disciplinary action against disruptive practitioners.
On Sept. 9, President Joe Biden announced that the U.S. Department of Labor is developing an emergency rule to require all employers with 100 or more employees to ensure their workforces are fully vaccinated or show a negative test at least once a week.
On September 13, the House Ways and Means Committee, led by Chairman Richard E. Neal (D-MA), released its plan to pay for the $3.5 trillion Build Back Better Act (the “Act”).
Name, Image and Likeness (NIL) rights for college and high school athletes remains a hot topic as we enter the start of the academic year. Many sponsors and professional teams see a number of intriguing reasons to partner with student athletes. These reasons range from expanding long-standing suppor
A group of New Jersey home health care companies (collectively, the BAYADA Companies), have agreed to pay $17 million to resolve claims that they violated the False Claims Act and Anti-Kickback Statute.
On September 9, 2021, President Biden announced that COVID-19 vaccinations will be mandatory for a significant swath of the United States workforce. The White House announced a comprehensive, six-pronged plan to combat COVID-19 variants while protecting the economy and keeping schools open and safe.