OFCCP Issues FY2023 Audit Scheduling List, Emphasizes Importance of Compliance Preparedness

In a move widely expected following the completion of the Agency’s latest Scheduling Letter, the Office of Federal Contract Compliance Programs (OFCCP) has issued a fresh roster of selected contractors for audit under the FY2023 Release 2. The Agency further provided a clarification of its methodology employed to choose the shortlisted contractors. For a more…

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RICO Act Invoked in Groundbreaking PFAS Water Contamination Lawsuit

In a remarkable legal move, a federal judge permitted civil racketeering claims to proceed in the wake of a lawsuit that’s rooted in public drinking water contamination, specifically with per-and polyfluoroalkyl substances (PFAS) near Westminster, Massachusetts. These claims have been introduced under the Racketeer Influenced and Corrupt Organizations (RICO) Act. The case targets a Paper…

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CLF Files Lawsuit Against Twin Rivers Technologies for Alleged Clean Air and Water Act Violations

In a significant move towards environmental oversight, the Conservation Law Foundation (“CLF”) filed a Complaint for Declaratory and Injunctive Relief and Civil Penalties on August 14th (refer to the original detailed analysis on JD Supra ). The legal action is directly targeted against the Twin Rivers Technologies, Inc., and Twin Rivers Technologies Manufacturing Corporation, hereafter…

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Fluor Corporation Faces SEC Charges Over Alleged Improper Accounting Practices

Engineering and construction giant Fluor Corporation finds itself in difficult legal waters as the SEC brings settled charges against the company, citing allegations of improper accounting on two of their large-scale, fixed-price construction projects. The charges were also extended to five of Fluor’s current and former officers and employees. The full story details can be…

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Directors’ Duties in Today’s Unprecedented Macroeconomic Landscape: Navigating Challenges and Responsibilities

The role of directors in today’s unprecedented macro-economic environment should be performed with an enhanced level of responsibility to secure not only their own interests but also those of the companies they oversee. A recent analysis by Conyers provides timely guidance on how directors can achieve this. As global economic pressures mount, it is crucial…

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Navigating the Complexities of ‘Going Dark’: Delisting and Deregistering Shares in Turbulent Markets

Market volatility and plunging stock prices often push companies to contemplate the route of delisting and deregistering their shares, a process colloquially referred to as ‘going dark’. As the performance of recently public firms weakens, and favorable financing options remain scarce, a trend is emerging where more companies are struggling to meet stock exchange minimum…

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Over 2400 Climate Activists Arrested in Netherlands After Protesting Fossil Fuel Subsidies on Highway

Over 2400 climate activist demonstrators, associated with the Extinction Rebellion, Greenpeace, or the Milieudefensie group, were arrested and detained by the police in The Hague, Netherlands on Saturday for protesting government fossil fuel subsidies on the A12 motorway near The Hague. The police reported spending over 4 hours arresting and removing people from the highway…

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Fukushima Fishermen File Lawsuit Against TEPCO and Japanese Government Over Radioactive Water Discharge

Last Friday, a group of approximately 150 Japanese fishermen from Fukushima Prefecture filed a lawsuit against the government and the Tokyo Electric Power Company (TEPCO). The lawsuit disputes the release of treated, but still radioactive, water from the Fukushima-1 nuclear power plant. Arguing that discharging the hazardous material infringes on their right to fish, the…

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CFPB Rulemaking Targets Data Brokers: Expanding Fair Credit Reporting Act’s Scope and Impact

In an intriguing development in the legal landscape of consumer finance, the Consumer Financial Protection Bureau (CFPB) has announced its decision to pursue rulemaking targeting data brokers. This announcement came on August 15, 2023, following a related request for information (RFI) earlier this year. This rulemaking initiative by the CFPB could bring about a considerable…

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Spinning Innovations into Successful Startups: Insights from 2023 BIO International Convention Panel

As an entrepreneur embarking on your startup journey, it is paramount to understand that transforming innovation into a successful business can be an intimidating ordeal. However, an expert panel at the 2023 BIO International Convention has shown light on the intricate challenges and solutions that can guide you on your way. This esteemed panel comprised…

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Navigating the Opioid Epidemic’s Impact on the Workplace and Employment

In the midst of the persistent opioid epidemic, several issues have surfaced that have potential implications for the corporate landscape, particularly in relation to employment. As problems persist, businesses and firms are analyzing these issues while seeking effective solutions for this complex and pressing matter. In the first of its multiple Alerts, titled “A Continuing…

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EPA and Army Corps Announce Revised WOTUS Definition: Analyzing Implications and Future Stewardship

On August 29, 2023, a significant development in U.S. environmental policy unfolded as the Environmental Protection Agency (EPA) and U.S. Army Corps of Engineers (Corps) publicized the text for a rule that further revises the definition of “waters of the United States” (WOTUS), which the agencies had previously established in the “January 2023 Rule.” This…

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Regulatory Impact on Disposable E-cigarettes, Drinking Water Safety, and AI-Powered Earnings Schemes

The recent State Attorney General (AG) report for August 31, 2023, highlights critical areas where decisions by state and federal regulators are having a significant impact across the US. Among the crucial issues touched on in the report are the rising concern over the surge of illegal disposable E-cigarettes targeting young consumers, looming threats to…

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Navigating the Tax Maze of Virtual Currency Ventures

As we continue to immerse ourselves in the fascinating world of virtual currencies, digital wonders like Bitcoin, and Dogecoin, have captured the attention of adventurers and investors alike. For those venturing into this dynamic domain, it’s crucial to comprehend the taxing and complex maze of accounting that shadow these captivating assets. To provide some guidance…

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Supreme Court Ruling on Affirmative Action: Impact on Workplace DEI Programs Explored in Webinar

In a critical development for diversity, equity, and inclusion (DEI) programs across the globe, a recent Supreme Court ruling on affirmative action in universities has stirred up controversy and concern. Given this significant shift in legal landscape, a pertinent webinar named ‘How Will The Supreme Court’s Affirmative Action Ruling Affect Workplace DEI Programs?’ is being…

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Navigating the Surge of Defamation Cases: Expertise Required in a Digital World

With incidents of defamation and online harassment surging, professionals and businesses are increasingly leaning on the expertise of defamation attorneys. The growing reliance on the internet for communication, along with the pervasive use of social media in both personal and professional contexts has led to a marked rise in defamatory attacks. (Buckingham, Doolittle & Burroughs,…

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CFPB’s Upcoming Fair Credit Reporting Act Rulemaking: Timeline and Implications for Consumer Finance

In a special three-part series of The Consumer Finance Podcast, Troutman Pepper Partners Chris Willis, Dave Gettings, Ethan Ostroff, and Kim Phan discuss the Consumer Financial Protection Bureau’s (CFPB) plans to propose new rules under the Fair Credit Reporting Act (FCRA). For legal professionals concerned about regulatory changes impacting consumer finance, this analysis provides valuable…

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