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UPDATED: This regularly-updated summary of recent Employment Law decisions and Human Resources insights provides updates on anti-discrimination laws, leave laws, National Labor Relations Board decisions, and some state authority (the author lives in Albuquerque, New Mexico – 10th Federal Circuit). The report is compiled by Employment Law Attorney Robert A. Martin of Poms & Associates, who briefs and summarizes important recent decisions.
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For the first time in over a decade, the Department of Labor proposed updates today to the federal Fair Labor Standards Act (“FLSA”) white collar overtime regulations. These changes will impact businesses throughout the United States. The Department estimates that, in the first year, 4.6 million workers will be entitled to overtime protection because of these changes—specifically, the increase in the salary level threshold.
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This Delaware Supreme Court decision held that a party has a direct claim to pursue a breach of contract action for a contract to which it is a party in order to enforce its own contractual rights. The claim does not become a derivative claim simply because there may be a related injury to a corporation as well.
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The U.S. Supreme Court today agreed to hear an appeal of a Third Circuit U.S. Court of Appeals ruling remanding a securities class action lawsuit over the alleged illegal “naked” short selling of a company’s stock back to state court.
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Of the many periodicals I read and review, I always look forward to Business Compliance, and specifically to theRound Table discussions, where I have had the pleasure and honor of being a prior contributor. This quarter brings another compelling array of thought leaders in a discussion titled Ethics in Business.
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The Securities and Exchange Commission filed civil fraud charges against a Massachusetts company and its principals and promoters, arguing the company was a massive Ponzi and Pyramid scheme that raised at least $15 million from primarily Spanish and Portuguese-speaking victims. DFRF Enterprises LLC, a Florida company, and DFRF Enterprises, LLC, a Florida company, along with Daniel Fernandes Rojo Filho, Wanderley M. Dalman, Gaspar C. Jesus, Eduardo N. Da Silva, Heriberto C. Perez Valdes, Jeffrey A. Feldman, and Romildo Da Cunha were charged with multiple violations of federal securities laws in a complaint that was filed today in Massachusetts federal court. The Commission is seeking injunctive relief, disgorgement of ill-gotten gains along with prejudgment interest, and civil monetary penalties.
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Today we honor a great English actor from one of the 1960s signature television series. Last week, Patrick Macnee died. He was one-half of the crime-fighting duo on The Avengers. As reported in his New York Times (NYT) obituary, “Macnee, who wielded a lethal umbrella and sharp repartee as the dapper secret agent John Steed.” In The Avengers, Macnee “faced off against an assortment of evildoers, armed with understated wit and a traditionalist British fashion sense that made him look less like a spy in the Bond mold than “a junior cabinet minister,” as he once put it, although his tightly rolled umbrella concealed a sword and other crime-fighting gadgets, and his bowler hat, lined with a steel plate, could stop bullets and, when thrown, fell an opponent.”
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The SEC filed its first action involving a private equity fund and broken deal expenses. By the time the Commission discovered the question the firm realized it did not have a disclosure policy, retained a consultant to study the issue and adopted a policy. Nevertheless, to settle the proceeding the firm was required to pay disgorgement and a $10 million penalty.
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The U.S. Supreme Court this morning granted the petition for writ of certiorari in an appeal asking it to decide whether Abood v. Detroit Bd. of Ed., 431 U.S. 209 (1977), should be overruled and whether requiring public employees to affirmatively object to subsidizing nonchargeable speech by public-sector unions violates the First Amendment to the U.S. Constitution 
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In their circles
315 people
Have them in circles
201 people
James F Ludlow Attorney at Law PC's profile photo
Instant Loans's profile photo
Cohen and Cohen, P.C.'s profile photo
Gregorian Emerson Family Law Solicitors's profile photo
Sammons & Carpenter, P.C.'s profile photo
Vanessa Lloyd's profile photo
Скайнет Сервис's profile photo
Law Offices of David A. Black's profile photo
Youssry Saleh's profile photo
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Legal news, articles, podcasts, and more by legal experts from a broad array of practice areas.
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Legal news, articles, podcasts, and more by legal experts from a broad array of practice areas.