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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.

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SEC Reviewing Rule Regarding Conflicting Proxy Proposals

In January 2015, Securities and Exchange Commission Chair Mary Jo White recently directed agency staff to review the scope of Rule 14a-8(i)(9) promulgated under the Securities Exchange Act of 1934 and report to the Commission on its review regarding conflicting proxy proposals. In light of the directive, the Division of Corporation Finance announced that it […]

Author: Kenneth C. Oh

March 19, 2015

Four of Nation’s Biggest Banks Pass Federal Reserve Stress Test

According to the Federal Reserve, four of the largest names on Wall Street have passed the Federal Reserve’s “Stress Test”. Goldman Sachs, JP Morgan Chase, and Morgan Stanley were all green lighted to be able to return income to their investors, although they were required to adjust their initial requests to insure that they had […]

Author: Joel R. Glucksman

March 19, 2015

Have You Been Wondering If The Wonderlic Matters In The NFL?

Getting into the NFL takes a few skills: Outstanding 40-yard dash time? Check. Have a large enough hand to grip the ball securely? Check. Now, answer the question, “Which one of these pairs of shapes is made up of duplicates?” Wait. What? Playing football, or playing it well at least, is about intelligence as much as it is […]

Author: Scarinci Hollenbeck, LLC

March 19, 2015

Do Expert Witnesses Need a Soul?

The Delaware Court of Chancery recently addressed an interesting evidential question — do expert witnesses need to be human beings? Despite the growing number of legal rights bestowed on corporations (free speech, freedom of religion, etc.), the court ruled that expert witnesses couldn’t take the witness stand. The question stemmed from a consolidated shareholder challenge […]

Author: Joel N. Kreizman

March 18, 2015

Reducing Corporate Income Tax Rate Would Bolster Economy

Reducing corporate income tax rate would bolster growth in the world’s largest economy, and the larger tax base would make any revenue loss minimal in the long run, The Tax Foundation stated recently. The nonpartisan think tank is certainly not alone in supporting this reducing corporate income tax rate, as many experts have called for […]

Author: Scarinci Hollenbeck, LLC

March 18, 2015

Scarinci Hollenbeck

Breaking News On Student Loan Debt in the U.S.

Following up on our recent posting about the problems concerning student loan debt in America, Fortune magazine reports that over a dozen Democratic senators have submitted proposed legislation to deal with at least a part of the skyrocketing amount of student loan debt. Under their proposal, any education loans issued to students by private financial […]

Author: Joel R. Glucksman

March 17, 2015

FBI Issues Warning Regarding Business E-Mail Compromise

The Federal Bureau of Investigation (FBI) issued recently a warning regarding a new e-mail fraud campaign targeting businesses. The sophisticated scam, known as the Business E-Mail Compromise (BEC), reportedly has targeted more than 2,000 victims and caused more than $2 million in losses thus far. The scammers specifically target businesses working with foreign suppliers and/or […]

Author: Scarinci Hollenbeck, LLC

March 17, 2015

Why Is The NFL Calling Foul On Leaks During The Tampering Window?

If you’re at all aware of the NFL, then you’ve probably heard about the myriad deals that were leaked before the free agency period began, during the short window when teams are allowed to speak with players’ agents, but before professional football contracts can be signed. You may have also heard that the league is […]

Author: Scarinci Hollenbeck, LLC

March 17, 2015

Business Roundtable Urges Corporate Tax Reform

The Business Roundtable recently urged a reform of federal corporate tax policy, and John Engler, president of the industry representative, presented this view to Washington lawmakers on March 11. During a Senate hearing about balancing the federal budget, Engler, a former governor of Michigan, emphasized the importance of pro-growth policies. Corporate Tax Policy The former […]

Author: James F. McDonough

March 16, 2015

Scarinci Hollenbeck

NY AG Proposes State Whistleblower Program for Financial Fraud

For corporate whistleblowers, the Securities and Exchange Commission (SEC) may no longer be the only game in town. New York Attorney General Eric T. Schneiderman recently announced plans to introduce the Financial Frauds Whistleblower Act, a whistleblower program that will provide monetary incentives for who report financial misconduct. “New York has a unique opportunity to set […]

Author: Dan Brecher

March 16, 2015

Federal Agencies Can Reverse Rule Interpretations Without Notice and Comment

Current political events increasingly pit the powers of the Executive Branch against the powers of its co-equal branch of government – the Congress. In a 9-0 decision, the U.S. Supreme Court strengthened the Executive Branch’s authority when it held that federal agencies need not follow the “notice-and-comment” procedures of the Administrative Procedures Act (APA) when […]

Author: Scarinci Hollenbeck, LLC

March 13, 2015

NJDOL Publishes “Ban the Box Regulations”

The New Jersey Department of Labor (NJDOL) recently released implementing regulations for the New Jersey Opportunity to Compete Act. As New Jersey employers should be aware, the state’s “ban the box” law took effect on March 1, 2015. Under the Opportunity to Compete Act, New Jersey employers are precluded from inquiring about job applicant’s criminal […]

Author: Scarinci Hollenbeck, LLC

March 12, 2015

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