Second Circuit Breathes New Life Into Unpaid Internships
Last week, the Second Circuit delivered a highly anticipated ruling on whether companies may continue to use unpaid interns. In what clearly represents a victory for companies, the Court adopted a fle...
Fifth Circuit Affirms Dismissal of Federal Securities Fraud Case Arising From Alleged Overvaluation of Mortgage-Backed Securities
The Fifth Circuit recently affirmed a district court’s dismissal of a federal securities fraud class action on the basis that the plaintiffs had failed to adequately plead facts establishing that the ...
DOL Releases its Proposed FLSA Regulations
On Tuesday, the U.S. Department of Labor (“DOL”) unveiled its highly anticipated proposed changes to the overtime pay regulations of the Fair Labor Standards Act (“FLSA”). These proposed changes are p...
Supreme Court’s Mercurial Decision on EPA’s Regulation of Toxic Emissions at Power Plants
In Michigan vs. EPA, the Supreme Court continues to curtail EPA’s ability to regulate emissions from power plants. Limiting the deference the Court will grant EPA on issues of statutory const...
Senate Bill 652 Enacted by Texas Legislature to Ease Recent Concern Over Franchise Liability for Employment Claims
Heightened concerns over recent National Labor Relations Board (“NLRB”) complaints authorized against McDonald’s, USA, LLC—which threaten to undermine the common understanding of a franchisor-franc...
Surge of Settlements Under the SEC’s MCDC Initiative Casts Doubt as to the Leniency of Settlement Terms for Self-Reporters
A wave of settlements with municipal underwriting firms under the SEC’s Municipalities Continuing Disclosure Cooperation (MCDC) Initiative has brought renewed attention to continuing disclosure obliga...
Fifth Circuit Confirms That FLSA Claims May Be Privately Settled, But Only in Response to a Bona Fide Dispute as to FLSA Liability
A recent Fifth Circuit Court of Appeals decision reinforces the Fifth Circuit’s willingness to enforce private settlements of Fair Labor Standards Act (“FLSA”) claims while simultaneously making clear...
Regulation A+: The SEC Approves Long-Awaited Alternatives for Capital Raising
Recently adopted regulations from the Securities and Exchange Commission (the “SEC”) came into effect on June 19, 2015, facilitating qualifying companies’ access to capital and providing investors ...
OSHA’s Temporary Worker Initiative Two Years Later
On April 29, 2013, the Occupational Safety and Health Administration (“OSHA”) launched the Temporary Worker Initiative (“TWI”) with the purpose of increasing its focus on temporary workers in order to...
Media and Entertainment Law Newsletter, June 2015
The newsletter of the Media and Entertainment Law Practice Group of Haynes and Boone, LLP.