Document(s) published by this organization: 122
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|The Dos and Don’ts of Implementing a Mandatory Flu Vaccine Policy|
Meredith R. Murphy; Drinker Biddle & Reath LLP;
October 28, 2013, previously published on October 24, 2013As another flu season approaches and the lines are forming for annual flu shots, many employers are questioning the legality of requiring their employees to receive a flu vaccine shot when they recognize business and safety needs for ensuring their work environments and workforce are better...
|Merger Paying Common Shareholders $0 Found To Be Entirely Fair|
Todd C. Schiltz; Drinker Biddle & Reath LLP;
October 28, 2013, previously published on October 10, 2013On August 16, 2013, the Delaware Court of Chancery issued a post-trial opinion holding that the directors of Trados Inc. did not breach their fiduciary duties when approving a merger notwithstanding the fact that holders of common stock received nothing in the transaction.
|Florida Regulator Fires Salvo In Unclaimed Property Controversy|
Jason P. Gosselin, Timothy J. O'Driscoll, Stephen A. Serfass; Drinker Biddle & Reath LLP;
October 28, 2013, previously published on October 22, 2013The latest salvo in the ongoing unclaimed property controversy between regulators and life insurers has come in the form of a Declaratory Statement issued by Florida’s Department of Financial Services. The Department asserts that the dormancy period for life insurance policies under the...
|Penalty for Head of Investor Relations - $50,000; Penalty for Company - $0; Regulation FD Compliance Program - Priceless|
Troy M. Calkins; Drinker Biddle & Reath LLP;
October 28, 2013, previously published on October 10, 2013The latest Regulation FD enforcement case brought by the Securities and Exchange Commission demonstrates the value to a public company of maintaining a rigorous Regulation FD compliance program. Regulation FD was adopted by the SEC in August 2000 to address concerns about the selective disclosure...
|SEC Finally Proposes Pay Ratio Disclosure Rule|
Troy M. Calkins, Rachel M. Krol; Drinker Biddle & Reath LLP;
October 25, 2013, previously published on October 10, 2013Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was enacted on July 21, 2010, requires the Securities and Exchange Commission to amend Item 402 of Regulation S-K to require disclosure of the median of the total annual compensation of all employees of an issuer...
|Congress Races to Prevent U.S. Default, End Shutdown and Lift Debt Ceiling|
Brian Gunn, Paul G. Moorehead; Drinker Biddle & Reath LLP;
October 18, 2013, previously published on October 17, 2013Tomorrow, October 17th, marks the deadline to extend the $16.7 trillion “ceiling” on additional borrowing by the United States government. Senate Majority Leader Harry Reid (D-NV) and Minority Leader Mitch McConnell (R-KY) have agreed on a bi-partisan deal to reopen the federal...
|New TCPA Rules Take Effect on October 16, 2013|
Michael P. Daly, Seamus C. Duffy, Tara S. Sarosiek, Meredith C. Slawe; Drinker Biddle & Reath LLP;
October 17, 2013, previously published on October 15, 2013The Telephone Consumer Protection Act of 1991 (TCPA) places certain restrictions on telemarketing calls, text messages, and faxes. It has long been a favorite of the plaintiffs’ bar because it provides for statutory damages of $500 to $1500 per violation, which in the aggregate can lead to...
|Whistleblower Claims up the Ante: The Risks of Improper Customs Declarations Can Surpass Typical Penalty Actions|
Joan Koenig, Beata K. Spuhler; Drinker Biddle & Reath LLP;
October 16, 2013, previously published on October 10, 2013One of the most difficult compliance issues importers face is the identification and reporting of all required additions to the value of imported merchandise as dictated under the customs valuation statute, 19 U.S.C. § 1401a.
|Alleged STOLI Producers Found Guilty of Fraud and Other Criminal Charges|
Drinker Biddle Reath LLP;
October 11, 2013, previously published on October 7, 2013Earlier today, a jury in the United States District Court for the Southern District of New York found independent insurance producers Michael Binday, James Kergil, and Mark Resnick guilty of mail and wire fraud, and conspiracy to commit those offenses. The jury also convicted Kergil and Resnick of...
|CFTC Grants CPOs No-Action Relief from Certain Reporting Obligations|
Drinker Biddle Reath LLP;
October 2, 2013, previously published on September 26, 2013Summary. Earlier this month, the U.S. Commodity Futures Trading Commission (the CFTC) granted no-action relief to commodity pool operators (CPOs) of registered funds with respect to certain reporting requirements set forth in CFTC Regulations 4.27(c) and 4.22(c) in connection with wholly-owned...