by Luke Goveas | Jan 4, 2022 | Blog
On December 17, 2021, the SEC announced a $125 million settlement with JPMorgan Chase & Co., disposing of allegations that the bank failed to properly monitor and retain its employees’ work-related communications.[1] Pursuant to the settlement, JPMorgan admitted...
by James Pedersen | Dec 21, 2021 | Blog
The SEC has recently turned its attention towards regulating businesses structured as special purpose acquisition companies, or SPAC’s. An SPAC is a publicly-listed shell corporation that is organized for the purpose of collecting investments and then using those...
by Radhika Gupta | Dec 15, 2021 | Blog
Over the years, Federal Regulators have steadily increased their scrutiny of agreements that restrict solicitation, wages or movement of employees. The Department of Justice Antitrust Division and Federal Trade Commission released Antitrust Guidance for Human Resource...
by Mitsuka Attys | Dec 1, 2021 | Blog
Snap Inc. (“Snap”) is, once again, embattled by charges of violation of federal securities laws. The self-described “camera company,” whose main product is the well-known social media application “Snapchat,”is facing a securities class action lawsuit because of its...
by Anthony Christina | Nov 22, 2021 | Blog
On November 4, 2021, U.S. Securities and Exchange Commission (“SEC”) Chairman Gary Gensler spoke at the Securities Enforcement Forum. While Gensler spoke on a variety of topics related to the agency’s enforcement mission, his remarks on cryptocurrencies, particularly...
by Amanda Fiorilla | Nov 18, 2021 | Blog
23andMe rose to success by selling at home DNA tests ultimately purchased by more than 11 million individuals. By some estimates 1 in 5 Americans have handed over their DNA to 23andMe or companies like it.[1] But for many of these individuals, while they may believe...
