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…
Employment Law
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…
The largest and most profitable companies in competitive markets apparently meant it when they promised to interview and hire a lot more minority job applicants. Hiring data from 2020-21 of 88 companies on Standard & Poor's (S&P) 100 list bears…
Could it be time for a review of your employee severance agreements? Right now Twitter's experiencing major pitfalls from having them, thanks to a class action lawsuit accusing it of violating its own severance policy. Laid-off workers are claiming the…
Companies' ability to restrict an exiting employee's job opportunities is in danger. A federal rule is already in the works to eliminate noncompete clauses in workers' contracts. And there's pressure growing from states to end the practice. Case in point:…
A big reason employers are still allowing hybrid work is business benefits like reduced operating costs. But it's also harder to ensure employment laws are being followed by your entire team. Compliance missteps with federal employment laws are especially costly…
The last thing any CFO looks forward to is laying off employees, but it's an unfortunate reality for many folks in finance these days. Protecting the company is always priority No. 1 and often that involves letting go of people.…
Heads up: Companies can avoid criminal prosecution and million-dollar payouts for serious violations and mistakes by taking advantage of the Justice Department's self-reporting policy. Justice recently revised the parameters for self-reporting so that it's applied evenly in all districts. All…
