Tag: CorporateGovernance
Robinhood Agrees to Pay $65M Settlement Following SEC Claims About Trading
NewsRobinhood Markets has agreed to pay $65 million to settle Securities and Exchange Commission allegations that the broker failed to properly inform clients that it sold their stock orders to high-frequency traders and other financial firms.
California Privacy Ballot Measure Means New Compliance Hurdles
NewsCalifornia’s new privacy agency means a fresh set of regulatory headaches for tech companies and other businesses operating in California that are already grappling with the state’s landmark 2018 law.
Google Parent Agrees to $310M Misconduct Lawsuit Settlement
NewsGoogle’s parent company has reached a $310 million settlement in a shareholder lawsuit over its treatment of allegations of executives’ sexual misconduct.
Daimler to Pay $2.2 Billion in Diesel Emissions Cheating Settlements
NewsDaimler AG will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S. vehicle owners, court documents show.
Woman Arrested at Boston Airport, Suspected of Running Unlawful Law Practice in Uptown Dallas
NewsMassachusetts state police detained Camilia Shene Johnson at Logan International Airport on Sept. 5 as she tried to board a flight to Istanbul, Turkey.
Abusive Communications Are Not Acceptable in the C-Suite or On the Plant Floor
News
In recent weeks, because of the remoteness of our work forces, we have seen an increased incidence of abusive written communications between employees.
Am Law 50 Firm Demands Massive Tax Breaks, Sues Government For Not Handing Them Over
News
The Am Law 50 firm moved its headquarters to Philadelphia’s Cira Centre in 2005, taking advantage of a tax break program that Pennsylvania offers businesses to move into developments in formerly run-down areas.
Quinn Emanuel Shuts Down New York Office After Partner Tests Positive For Coronavirus
News
A partner at Quinn Emanuel Urquhart & Sullivan in New York has tested positive for the coronavirus, prompting the firm to close the office as a precaution this week.
Threat From Within: Inside Counsel’s Role In Defending Against Data Breaches
News
The biggest threat in terms of disclosure of sensitive information comes from so-called “insider threats,” in the form of employees who disclose protected information or provide a means of access to that information to third parties, either unwittingly or otherwise.
Inside Counsel Beware: Your Job Description Now Includes Antitrust Compliance
News
Attorneys General in several states have stepped up their challenges to no-poach agreements, particularly in franchise settings.
Coronavirus Fears Prompt Biglaw Firms To Limit Travel, Reschedule Retreats To Protect Partners
News
Biglaw firms across the country are taking the news seriously, echoing the actions of their colleagues abroad and imposing travel restrictions and canceling events.
Dentons Says $32.3M Malpractice Verdict Was ‘Simply Wrong,’ And It Will Appeal
News
Dentons says it will appeal a $32.3 million malpractice verdict based on its disqualification in a patent case because of work done by its Canadian branch.
In-House Attorneys Cannot Be Bound By Non-Competes In Ohio
News
On Feb. 7, the Ohio Board of Professional Conduct issued an opinion letter stating that in-house counsel cannot be bound by non-compete agreements.
Day Rates, Independent Contractor Status, FLSA and an Unlicensed Lawyer
News
Have you ever considered the possibility that you might be the next person your contract attorney sues?
Grand Jury Declines to Indict Defense Lawyer for Digging up Shell Casings
News
On Monday, a grand jury declined to indict defense lawyer Angela Elleman accused of digging up shell casings linked to a murder case and keeping them in a safe for more than six years.
Koppers Appoints Successor to General Counsel
News
Stephanie Apostolou has been elected general counsel and secretary of Pittsburgh, Pennsylvania-based Koppers and Koppers Holdings, effective March 1.
DOJ Division Leader Apologizes for License Lapse and Inadvertent Practice
News
A high-level Justice Department lawyer was in the spotlight this week because he practiced for two months while unaware that his license had lapsed.
PG&E Ordered to Prove New Board is Fit to Serve
News
PG&E has seen a cascade of management-level changes following the deadly November 2018 Camp Fire that burned more than 18,000 buildings and ruined the town of Paradise, according to Courthouse News Service.
Wynn Resorts Settles Lawsuit for $2.4B Over Forced Redemption of Shares
News
The legal fight between the companies dates back to 2012, when Wynn Resorts pushed out Universal’s founder Kazuo Okada after finding the Japanese tycoon made improper payments to overseas gambling regulators, reports the AP.
NACD Governance Outlook: Projections on Emerging Board Matters
Insight
The NACD has published its 2018 Governance Outlook, providing perspective on the trends, issues, and risks that will command the board’s attention this year.