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HTMLSupreme Court To Decide Whether Employers Are Required To Provide Accommodations To Pregnant Employees
Todd M. Reed, Jonathan R. Shank; Edwards Wildman Palmer LLP;
Legal Alert/Article
January 10, 2015, previously published on December 4, 2014
On December 3, 2014, the United States Supreme Court heard oral argument in Young v. United Parcel Service, Inc., a case that will determine whether employers must provide pregnant employees with workplace accommodations, such as light duty work, under the Pregnancy Discrimination Act (PDA). The...

 

Adobe PDFIRS Announces 2015 Retirement Plan Limitations
Lori A. Basilico; Edwards Wildman Palmer LLP;
Legal Alert/Article
November 10, 2014, previously published on October 2014
The Internal Revenue Service announced the 2015 cost-of-living adjustments to the dollar limitations for qualified retirement plans and other benefits, and the Social Security Administration announced its own cost-of-living adjustments for 2015. The elective deferral contribution limit for 401(k),...

 

HTMLSEC Provides Helpful Guidance on Accredited Investor Verification
Stacie Sawchak Aarestad, Matthew C. Dallett, Stanley Keller, Eugene W. McDermott; Edwards Wildman Palmer LLP;
Legal Alert/Article
July 14, 2014, previously published on July 2014
On July 3, 2014, the staff of the SEC’s Division of Corporation Finance issued guidance on reasonable steps to verify the accredited investor status of purchasers for purposes of the Rule 506(c) exemption that permits general solicitation. The guidance, which is in the form of several...

 

HTMLUnited States Supreme Court Rejects Presumption of Prudence for Stock-Drop Cases
Lori A. Basilico, Jonathan R. Shank; Edwards Wildman Palmer LLP;
Legal Alert/Article
July 1, 2014, previously published on June 2014
In a highly anticipated decision, the United States Supreme Court held that fiduciaries of employee stock ownership plans (“ESOPs”) are not entitled to any special presumption of prudence when investing in employer stock. In Fifth Third Bancorp v. Dudenhoffer, the Supreme Court rejected...