Back in 2013, the Securities & Exchange Commission (SEC) accused hedge fund manager George Jarkesy of defrauding two investors. Unlike most folks charged with securities fraud, Jarkesy refused to settle and be done with it. Fast forward 11 years: The…
Employment Law
The higher overtime salary threshold that kicks in on July 1 will affect a million-plus salaried exempt employees. And it's good news for many folks -- inflation is taking a bigger bite out of everyone's paycheck and companies are scaling…
A federal ban on nearly all employee non-compete agreements (NCAs) was approved by the Federal Trade Commission (FTC) on April 23. The rule is on schedule to go into effect at the end of August. The ban on NCAs has…
Talk about a swift kick in the you-know-where! President Biden stopped at a Sheetz convenience store on a recent campaign stop. Biden ordered a cup of coffee and chatted up employees and customers. Later that very same day, Biden's Equal…
Another April 15 came and went, leaving many of us poorer and grumbling about government spending. For business owners and the CFOs and controllers, reducing tax liabilities to states and the IRS is a year-round effort. Small business owner and…
A Federal Trade Commission (FTC) rule that would ban non-compete clauses is scheduled to be finalized in April and go into effect soon after. The regulation would be a welcome relief for skilled job-seekers attempting to join a competitor in…
A federal appeals court could weaken a 50-year-old muzzle on companies and individuals that settle securities fraud allegations. And there's a good chance the U.S. Supreme Court will weigh in on the matter soon enough. The U.S. Securities and Exchange…
The second-largest accounting firm in the U.S. decided to revamp its hiring policies rather than face class-action lawsuits or an investigation by the Equal Employment Opportunity Commission. This is just the latest example of a private-sector company adjusting in response…
This week, the U.S. Supreme Court begins hearing two appeals - one concerns a 40-year-old precedent that favors federal regulatory agencies, and the other a seemingly narrow labor union dispute. Both cases will bring a measure of relief for employers…
With a new year comes new state laws with compliance challenges that could disrupt business as usual. In addition to the minimum wage hikes that we recently reported on, there are other rules in effect, or about to go into…
Senior political advisor Stephen Miller is busier than ever since leaving the Trump administration. Miller is squaring his sights on companies that hire and promote based on factors like race and gender. The result? Some companies are scaling back their…
Much of corporate America is all-in on environmental, social and governance (ESG). Many companies voluntarily report their greenhouse gas emissions and set long-term sustainability goals to please shareholders and customers. Ongoing litigation could slow down the ESG trend. Climate change…
