News

SEC Settles Administrative Proceedings Against London-Based Hedge Fund Adviser and its Parent over Internal Control Failures and Misstatements in the Parent’s Financial Reports Resulting from the Adviser’s Faulty Valuation Practices

By EsqSocial Corporation 26/12/13

The SEC settled public administrative proceeding against a London-based hedge fund adviser that is not registered with the SEC (the “Adviser”) and its U.S. based, publicly-traded parent (the “Parent”) with respect to internal control failures that...

Growing Demands of Compliance Oversight Weighing Down Directors

By EsqSocial Corporation 26/12/13

Constantly changing and overlapping legislative and regulatory requirements are weighing down corporations and usurping more and more board time. It is a telling sign when, according to a recent survey, directors ranked over-regulation second only...

10 States With the Highest Rates of Property Crime

By EsqSocial Corporation 26/12/13

We previously discussed the FBI's crime report on the states with the highest rates of violent crime. But what about property crime?

LLC Operating Agreements May Need Amending Under California’s New LLC Law

By EsqSocial Corporation 26/12/13

The California Revised Uniform Limited Liability Company Act (the “New LLC Law”) was signed into law by Governor Jerry Brown on September 21, 2012. The New LLC Law will entirely replace the current California law governing limited liability companies...

U.S. Fish And Wildlife Service Denies Listing For Rare Orchid

By EsqSocial Corporation 26/12/13

The U.S. Fish and Wildlife Service (Service) recently announced the completion of its status review of Coleman’s coralroot (Hexalectris colemanii), a species of orchid found in southeastern Arizona and southwestern New Mexico. The Service determined...

Supreme Court Declines to Review Fair Credit Reporting Act

By EsqSocial Corporation 26/12/13

The United States Supreme Court declined to grant certiorari to decide whether the Fair Credit Reporting Act preempts private rights of action under New Jersey state law for defamation. FCRA’s furnisher rule imposes special obligations on furnisher’s...

CFTC Re-Proposes Speculative Position Limit Rules For Futures, Options And Swaps On Physical Commodities

By EsqSocial Corporation 26/12/13

On November 5, 2013, the Commodity Futures Trading Commission (CFTC) voted 3-1 to re-propose rules to establish speculative position limits for futures, options and economically equivalent swaps on certain agricultural, metal and energy commodities....

Social Media Is The Hot Recruitment Tool

By EsqSocial Corporation 26/12/13

The Sacramento Bee in an article titled Job Front: Social media are growing recruitment tools reported that "[e]mployers in greater numbers are relying on social media to recruit new talent," according to Jobvite's 2013 Social Recruiting Survey. The...

Lessons from the National Football League in the Workplace

By EsqSocial Corporation 26/12/13

Regardless of whether one is a Miami Dolphins or NFL fan, the recent investigation by the NFL regarding allegations of bullying involving Jonathan Martin may tell a precautionary tale for all employers. Briefly, Martin left the Dolphins in the...

Yes, Bad Twitter Jokes Can Get You Fired

By EsqSocial Corporation 26/12/13

Justine Sacco, a former PR executive at a large media company, learned the hard way that a bad Twitter joke can lead to more repercussions than rotten tomatoes being flung at you.

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