News and Events for Attorneys and Executives

Tag: AdministrativeLaw

No-Poach Agreements Targeted by Plaintiffs, Enforcement Agencies and Senators

Insight
Agreements among companies to not hire each other’s workers are more risky than ever, warns Pepper Hamilton LLP in a post on its website.

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Wells Fargo Faces $1 Billion Fine to Settle Loan Abuses

Wells Fargo Faces $1 Billion Fine to Settle Loan Abuses

News
Reuters reports that Wells Fargo & Co. has been offered a penalty of $1 billion by regulators to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said on Friday.

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How Big Could Facebook’s Fine Theoretically Get? Hint: Four Commas, and Counting

News
Some former FTC officials see a huge penalty in store for Facebook if the agency finds more violations of the company’s users’ privacy.

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Enforcement Actions at Consumer Watchdog Agency Halt Under Trump

Enforcement Actions at Consumer Watchdog Agency Halt Under Trump

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The Consumer Financial Protection Bureau has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies whatsoever since a Trump appointee took over.

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Renewable Energy Deals Targeted for More Scrutiny in New Trade Report

Insight
Even investments in renewable energy businesses may be affected by this broadening of interest in the industry, and should be considered by parties as part of deal due diligence and negotiations of investment and acquisition agreements, according to Morgan, Lewis & Bockius.

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Webinar Recording Available on SEC Cybersecurity Guidance

Webinar Recording Available on SEC Cybersecurity Guidance

On-Demand
Hunton & Williams LLP has posted an on-demand webinar discussing the Securities and Exchange Commission’s recently released cybersecurity guidance.

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Barclays Wins Its DOJ Gamble With $2 Billion Mortgage Settlement

News
Two former executives at the bank also settled Thursday and agreed to pay $2 million to resolve claims without admitting wrongdoing.

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The Buy American Act and Trade Agreements Act: Understanding Federal Domestic Preference Requirements

The Buy American Act and Trade Agreements Act: Understanding Federal Domestic Preference Requirements

On-Demand
PilieroMazza has posted an on-demand webinar discussing compliance with new laws requiring or providing a preference for the purchase of goods, products, or materials produced in the United States.

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State Department Updating Contracting Language to Head Off Confusion

News
The change is intended to head off problems such as the one seen earlier this year when a contractor would not comply with requests for an IT audit of security controls.

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AT&T Wants to Buy Time Warner To ‘Weaponize’ Its Content, Government Says in Antitrust Trial

AT&T Wants to Buy Time Warner To ‘Weaponize’ Its Content, Government Says in Antitrust Trial

News
In opening arguments, Justice Department lawyer Craig Conrath said AT&T could use Time Warner’s content as a weapon against competitors that rely on the programming.

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Trump Labor Board Member Forgot About Conflict of Interest, Watchdog Says

Trump Labor Board Member Forgot About Conflict of Interest, Watchdog Says

News
National Labor Relations Board Member William Emanuel violated a White House ethics pledge by participating in a closely watched case involving his former law firm, the NLRB’s inspector general concluded in a report obtained by Bloomberg Law.

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Former Jones Day Attorney Tapped For Position at the EEOC

News
The top litigator position at the Equal Employment Opportunity Commission has been vacant since December of 2016.

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Five Ways the Senate Plans to Roll Back Regulations on Wall Street

Five Ways the Senate Plans to Roll Back Regulations on Wall Street

News
If made into law, the legislation would weaken the Dodd-Frank Act and would free dozens of financial institutions from the strictest rules put in place by regulators after the crisis, according to The Washington Post.

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Antitrust Litigation: How an Amicus Brief Can Win an Appeal

Insight
A group of 36 economists affiliated with top universities across the country filed an amicus brief explaining that the lower court used a faulty economic theory when it ruled against the FTC.

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Conflict of Interest Causes NLRB to Vacate Pro-Corporation Ruling

Conflict of Interest Causes NLRB to Vacate Pro-Corporation Ruling

News
The NLRB threw out its most important ruling of 2017 — a 3-2 victory for major U.S. corporations — following an internal agency report that found that a potential conflict-of-interest had tainted the vote.

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For the Third Time, Supreme Court to Hear Mandatory Union Dues Arguments

News
The case, appealed by an employee of the state of Illinois, comes after the U.S. Court of Appeals for the 7th Circuit rejected his argument that the agency fee violated his rights under the First Amendment.

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DOJ Warns of Criminal Actions Against Companies with Agreements Not to Poach Competitors’ Employees

News
Any violative anti-poaching policies after October 2016 expose employers to criminal punishment, warn three Seyfarth Shaw lawyers writing for Bloomberg.

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U.S. Bank Cited by Federal Authorities for Lapses on Money Laundering

News
The bank settled the Justice Department charges and cases brought by other regulators by agreeing to pay various fines and penalties totaling $613 million.

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On-Demand Webinar: Achieving GDPR Compliance

On-Demand Webinar: Achieving GDPR Compliance

On-Demand
While the GDPR standardizes data protection law across the EU, it doesn’t spell out how U.S. companies can update data preservation processes to be compliant.

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SEC Weighs a Big Gift to Companies: Blocking Investor Lawsuits

News
Bloomberg is reporting that the SEC has privately signaled that it’s open to at least considering whether companies should be able to force investors to settle disputes through arbitration.

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