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Feb26
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 Senator Snowe (R-ME) introduced the Anti-Phishing Consumer Protection Act in late February 2008. Phishing is a type of online identity theft where fraudulent emails or fake websites, seem to be from a legitimate business, but actually deceives the recipient into giving personal or financial account information.
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Feb25
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The Interactive Advertising Bureau (IAB) announced in February 2008 the release of interactive advertising privacy guidelines to ensure users' control over the use of personal information by interactive media and advertisers while delivering relevant marketing communications. ...
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Feb24
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The following is not meant to be legal advice. The U.S. Supreme Court in Riegel v. Medtronic, Inc. found that in granting premarket approval, the FDA had imposed "requirements" already on Medtronic, Inc. relating to the catheter, and that the...
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Feb23
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The following is not meant to be legal advice. The United States Supreme Court held in Riegel v. Medtronic, Inc. in February 2008 that plaintiffs are barred from alleging common-law claims under state law when challenging the safety and effectiveness...
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Feb22
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The following is not meant to be legal advice. On February 20, 2008, the Supreme Court has ruled that a 401(k) plan participant may proceed with a claim to recover for losses allegedly caused by the failure to properly implement investment...
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Feb20
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The following is not meant to be legal advice. The U.S. Treasury Department released final Internal Revenue Code Section 415 regulations in April 2007. Section 415 establishes limits on the annual benefits that may be provided under a qualified defined benefit...
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Feb19
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The following is not meant to be legal advice. Under Regulation FD, whenever a company spokesperson intends to make a material statement to market professionals or shareholders about the company that has not previously been disclosed publicly, the same information shall...
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Feb15
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The following is not meant to be legal advice. The New York Social Security Number Protection Law became effective January 1, 2008. The law applies to all nongovernmental bodies, including individuals, corporations. The law restricts the use of social security numbers...
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Feb14
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The following is not meant to be legal advice. Many companies have policies on who can communicate with external parties. These policies are important to ensure a company deals consistently with market professionals. Market professionals include securities analysts, fund managers, brokers...
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Feb13
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The following is not meant to be legal advice. There are two main purposes for the document retention policy. First, companies want their employees to retain certain records as required by law, and have those records available for references, audits, or...
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Feb12
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The following is not meant to be legal advice. Companies trading on the NASDAQ may know that the press release review process should include an inquiry to see if the information release requires prior alert to NASDAQ Market Surveillance (MarketWatch) if...
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Feb10
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The following is not meant to be legal advice. In October 2007 the Department of Labor (DOL) released final regulations governing the use of Qualified Default Investment Alternatives (QDIAs). The Pension Protection Act of 2006 (PPA) added ERISA §404(c)(5) to broaden...
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Feb 9
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The following is not meant to be legal advice. As part of the Pension Protection Act of 2006 (PPA), to encourage enrollment in 401(k) plans through automatic enrollment of employees by salary reduction, beginning January 1, 2008, there are safe...
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Feb 8
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The following is not meant to be legal advice. For those working in payroll who do not know, beginning in January 2008, the California Earned Income Tax Credit Information Act (Act) requires employers to notify all California employees that they may...
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Feb 6
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The following is not meant to be legal advice. The ACC Docket January/February 2008 issue reported that the US House of Representatives approved HR 3013, The Attorney-Client Privilege Protection Act, on November 13, 2007. ACC argues the merits of privilege protection with...
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Feb 5
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The following is not meant to be legal advice. For attorneys working in technology on commercial transactions, there is often the interview question of what is VSOE and SOP 97-2. VSOE relates to revenue recognition. CFO magazine’s January 2008 issue did a...
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Feb 2
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The following is not meant to be legal advice. On January 29, 2008, Baker & McKenzie held movie night at its Palo Alto, CA office to help attorneys needing hard to get MCLE to earn them watching films while eating popcorn,...
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Feb 1
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The buzz this week includes the primary in Florida. Like other states where primaries are held, the primary in Florida may boost the name of Florida and cause many people to visit. It may mean more business for the hotels,...
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