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1 Aug 2022, 12:07 pm by Daniel Barry, Brittany Batts
Supporting the scenario analysis effort is a new pilot program announced by the Office of Financial Research (OFR) in cooperation with the Federal Reserve Board of Governors and the Federal Reserve Bank of New York. [read post]
29 Jul 2022, 5:34 am by Brian Turetsky
District Court for the Eastern District of New York, Harris Jewelry will issue approximately $10.9 million in refunds to 46,000 customers who paid for protection plans and provide additional refunds for overpayments. [read post]
29 Jul 2022, 3:30 am by Albena Petrakov, Esq.
Over the last month, two crypto players filed chapter 11 petitions in the Bankruptcy Court for the Southern District of New York– Voyager Digital, LLC, and its affiliates, and Celsius Network LLC and its affiliates. [read post]
28 Jul 2022, 8:23 am by Albena Petrakov, Esq.
In addition, broker-dealers must belong to the Securities Investor Protection Corporation (SIPC), which provides an insurance scheme whereby customers of failed broker-dealers may receive up to $500,000 from the SIPC fund. [read post]
26 Jul 2022, 2:53 pm by Kevin LaCroix
One of the most prominent was WeWork co-founder Adam Neumann, who hired New York’s Seiden Law Group after learning from Reuters that he and other company executives’ email accounts were targeted by the Indian hackers starting in August 2017, according to four people familiar with the matter. [read post]
Shortly after Voyager’s announcement, the Federal Deposit Insurance Corporation (“FDIC”) announced that the agency is investigating how Voyager marketed itself to customers. [read post]
19 Jul 2022, 2:59 pm by Kevin LaCroix
The authors of this guest post are: Doug Greene, BakerHostetler, Leader, Securities and Governance Litigation Team; Genevieve York-Erwin, BakerHostetler, Partner; Mike Tomasulo, Baldwin Risk Partners, Managing Partner, Management Liability National Practice Leader: Emily Baxter,  BakerHostetler, Associate; and Alex Karambelas, BakerHostetler, Associate. [read post]
15 Jul 2022, 4:00 am by Jim Sedor
The Fight Over Truth Also Has a Red State, Blue State Divide Yahoo News – Steven Lee Myers and Cecilia Kang (New York Times) | Published: 7/10/2022 In the absence of action at the federal level, officials in state after state are taking aim at the sources of disinformation and the platforms that propagate them – only they are doing so from starkly divergent ideological positions. [read post]
13 Jul 2022, 1:55 am by Kyle Hulehan
Since unemployment insurance (UI) tax systems are similar in every state, a small change in one state’s policies can change its UI tax component ranking dramatically. [read post]
7 Jul 2022, 11:21 am by Jack Sharman
” Professor Sutherland’s observations from eighty years ago sound prescient: the wrongdoing of “present-day white-collar criminals” shows up in “investigations of land offices, railways, insurance, munitions, banking, public utilities, stock exchanges, the oil industry, real estate, reorganization committees, receiverships, bankruptcies, and politics. [read post]
7 Jul 2022, 12:15 am
  According to the Tax Foundation, California ranks 48th in business tax climate (just ahead of New York and New Jersey). [read post]
5 Jul 2022, 10:32 am by Dan Lopez
These are former journalists, former reporters, policymakers, who are very concerned about declining competition much like the progressives, but who have a very different view of the role of the antitrust laws in terms of an expansive view of the design of the laws to control political power, corporate power and its translation through economic power. [read post]
5 Jul 2022, 9:04 am by Silver Law Group
Our lawyers are admitted to practice in New York and Florida and represent investors nationwide in securities arbitration to help recover investment losses due to stockbroker misconduct. [read post]
Moreover, some states, including California and New York, have enacted off-duty conduct laws that prohibit employers from disciplining employees for lawful conduct outside of work, which may include political advocacy. [read post]
20 Jun 2022, 7:29 am by Kevin LaCroix
There is a general perception in certain circles – including the D&O insurance community — that ESG awareness and activism are essential  attributes of good corporate citizenship. [read post]