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24 Oct 2022, 6:31 am
Introduction Pay Governance LLC provides counsel and advice to the Board of Directors’ Compensation Committees of more than 400 prominent publicly-traded companies. [read post]
26 Sep 2022, 7:59 pm by Cynthia Marcotte Stamer
The Equal Employment Opportunity Commission (“EEOC”) is suing pharmaceutical giant Lilly USA, LLC, for nationwide age discrimination by intentionally not hiring older workers for pharmaceutical sales representative positions based on their age from April 2017 to 2021. [read post]
21 Sep 2022, 6:26 pm by Cynthia Marcotte Stamer
The new settlements require the four companies — CarMax, Axis Analytics LLC (aka Axis Group), Capital One Bank and Walmart — to pay a total of $331,520 in civil penalties, depending on the number of discriminatory advertisements they posted. [read post]
7 Sep 2022, 11:30 am by Leonard L. Gordon and Helen M. Chen
In the last year, the FTC settled four other actions against Resident Home LLC, Lithionics Battery, LLC, Lions Not Sheep Products, LLC, and ALG-Health LLC, which involved civil penalties ranging from $105,319 to $753,000. [read post]
6 Sep 2022, 7:51 am by Jonathan Spencer
Schultz recently obtained Summary Disposition in a case against their client, and MSJ Automotive Trading, LLC, for alleged injuries the plaintiff suffered in an automobile accident. [read post]
This Update focuses on the Federal Trade Commission’s (“FTC”) and the Department of Justice Antitrust Division’s (“DOJ”) antitrust enforcement activity over the last year under this Executive Order’s direction.2 For further details on the Executive Order, please see Davis Polk’s prior Client Update regarding issuance of the Executive Order.3 FTC and DOJ have been conducting intensive merger and conduct investigations FTC Chair Lina Khan was… [read post]
25 Jul 2022, 5:01 am by Alistair Simmons, Justin Sherman
Sara Jacobs wrote a letter to Lina Khan, the chairperson of the Federal Trade Commission (FTC), requesting that the FTC investigate Apple and Google for some of their online advertising-related activities. [read post]
  One notable crypto-exchange platform, Genesis Trading, announced that it too had suffered losses due to 3AC’s bankruptcy, but managed to mitigate its losses with its parent company, Digital Currency Group, assuming certain liabilities related to 3AC.[16]  On July 13, 2022, Celsius Network, a crypto lending platform, also filed for Chapter 11 bankruptcy protection in New York.[17] Other crypto exchanges have announced they have hired restructuring advisors and are… [read post]
18 Jul 2022, 2:46 pm by Kevin LaCroix
Regular readers of this blog know my view that the  rise of collective investor actions outside the United States is one of the most important developments in the world of directors’ and officers’ liability in recent years. [read post]
5 Apr 2022, 10:45 am by Eric Barton
A particularly insightful analysis of the GTSA’s preemption clause occurred last month in Angel Oak Mortgage Solutions, LLC v. [read post]
18 Mar 2022, 4:00 am by Jim Sedor
Exxon Mobil released the report on its 2020 lobbying efforts on climate in response to a shareholder resolution from the United Steelworkers trade union and the Dominican Sisters of Grand Rapids. [read post]
14 Mar 2022, 1:59 pm by Kevin LaCroix
As an underwriting company, we assess, assume, and manage risk with insight and discipline. [read post]
22 Feb 2022, 12:45 pm by Inside Privacy
Data Privacy Regulatory Enforcement Trends Federal Trade Commission (FTC) and state enforcement action in 2021 centered on several key areas, including protecting children. [read post]
18 Feb 2022, 6:01 am
Stern, Sidley Austin LLP, on Sunday, February 13, 2022 Tags: Adverse effects, Covenants, COVID-19, Delaware cases, Delaware law, Merger litigation, Mergers & acquisitions, Termination SEC’s Shadow Trading Case Survives Motion to Dismiss Posted by Robert A. [read post]
19 Jan 2022, 12:19 pm by Francis Pileggi
This year’s list focuses, with some exceptions, on the unsung heroes among the many decisions that have not already been widely discussed by the mainstream press or legal trade publications. [read post]