Legal News

Wells Fargo & Co. agreed to pay a total of $3 billion to resolve criminal and civil investigations by the DOJ and SEC. Wells Fargo admitted “that it took millions in wrongful fees and interest, misused customer information and damaged customer credit...By: Robins Kaplan LLP

Effective March 16, 2020, employers will be able to use a four-factor balancing test in determining joint employment status under the Fair Labor Standards Act (FLSA), based on the new final rule adopted by the Department of Labor (DOL)....By: Akerman LLP - HR Defense

In this third installment of our series, we will discuss the new details provided to taxpayers regarding various tests to be met to qualify as a Qualified Opportunity Fund (QOF) and Qualified Opportunity Zone Business (QOZ Business)....By: Varnum LLP

Many employers strongly prefer arbitration to litigating with their employees in court. Employers often believe—and the Supreme Court has agreed—that arbitration of employment disputes has many benefits, including potential cost savings, more limited...By: Zuckerman Spaeder LLP

On January 31, 2020, the Pennsylvania Independent Regulatory Review Commission (IRRC) adopted an amendment promulgated by the Pennsylvania Department of Labor and Industry (DLI) to increase the minimum salary required to avoid overtime compensation...By: Schnader Harrison Segal & Lewis LLP

Arnall Golden Gregory LLP is pleased to provide you with the Compliance News Flash, which includes current news briefs relevant to background screening, immigration and data privacy, for the benefit and interest of our clients as well as employers...By: Arnall Golden Gregory LLP

On January 13, 2020, the U.S. Department of Treasury, on behalf of the Committee on Foreign Investment in the United States (CFIUS), issued final rules expanding CFIUS's authority to review foreign investments in U.S. businesses for national security...By: Quinn Emanuel Urquhart & Sullivan, LLP

Why This Matters - Last week, the California Supreme Court dealt tech giant Apple Inc. a blow when the Court ruled that California law requires the company to compensate employees for the time they spend waiting for company-required searches before...By: Mitchell Silberberg & Knupp LLP

The legislature’s second week was busy with committee hearings and press conferences where legislators announced and debated their priorities for the session. Legislators agreed to extend policy deadlines to help address the demand for committee time...By: Faegre Drinker Biddle & Reath LLP

The OJK introduced new regulation to facilitate the transformation of foreign bank branches into subsidiaries and address certain existing uncertainties in executing bank M&A. The key change is the introduction of branch conversion and integration –...By: Allen & Overy LLP