News

Procurement Fraud Recoveries Substantial for DOJ in FY 2020

By EsqSocial Corporation 20/01/21

The Department of Justice (DOJ) recently announced that it obtained more than $2.2 billion in False Claims Act (FCA) settlements and judgments in the fiscal year ending September 29, 2020.

PBGC Publishes Final Rule Allowing Simplified Withdrawal Liability Calculations Applicable to Benefit Reductions, Benefit Suspensions and Contributions

By EsqSocial Corporation 20/01/21

On Friday January 8, the Pension Benefit Guaranty Corporation (PBGC) published a final rule that provides multiemployer pension plans with additional methods to help calculate employer withdrawal liability.

Missing Retirement Plan Participants? The DOL Says You Should Follow These Best Practices

By EsqSocial Corporation 20/01/21

In response to ongoing pleas for guidance, the Department of Labor (DOL) has published an informal outline expressing its views on how retirement plan administrators should be addressing missing or unresponsive participants.

New Year’s Resolutions Don’t Have to Be about Weight Loss: Why Conducting a Trademark Audit Should Be Part of Your Company’s New Year’s Resolutions

By EsqSocial Corporation 20/01/21

New Year’s resolutions are often thought of as individual self-improvement goals that frequently include aspirational health and wellness, financial discipline, habit forming or breaking, and similar goals.

The Ninth Circuit Puts the Brakes on Truckers’ California Meal and Rest Break Claims

By EsqSocial Corporation 20/01/21

After a decade of ups and downs on the question of federal preemption, the Ninth Circuit Court of Appeals has upheld the Federal Motor Carrier Safety Administration’s (“FMSCA”) decision to preempt California’s meal and rest break rules. The long-awaited decision in IBT v.

President Biden Announces Gary Gensler as SEC Chair Nominee

By EsqSocial Corporation 20/01/21

On January 18, 2021, the incoming President’s Transition Team announced additional key administration post nominees, including Mr. Gary Gensler as SEC Chair. The announcement specifically provided the following regarding Mr. Gensler’s background: Gary Gensler served as chairman of the U.S.

USDA Publishes Important Final Rule for the Domestic Production of Hemp

By EsqSocial Corporation 20/01/21

On Friday, the USDA published a long, long awaited Final Rule regulating the production of hemp in the United States.

$125 Million Deutsche Bank Settlement with SEC/DOJ Newest in Line of Several Costly Resolutions

By EsqSocial Corporation 20/01/21

On January 8, 2021, the SEC issued a cease-and-desist order, Release No., 90875 (available here), formally resolving proceedings against Deutsche Bank AG.

Cal/OSHA Provides New Guidance for California Employers to Comply With COVID-19 Emergency Temporary Standards

By EsqSocial Corporation 20/01/21

The California Occupational Safety and Health Standards Board adopted its Emergency Temporary Standards (ETS) on COVID-19 prevention in the workplace on November 19, 2020, which we covered here.

Fifth Circuit Establishes New Standard For FLSA Collective Actions

By EsqSocial Corporation 20/01/21

Key Points - In Swales v. KLLM Transport Services, LLC, the U.S. Court of Appeals for the 5th Circuit established a new standard for determining whether, and to whom, court-authorized notice of a collective action lawsuit filed under the FLSA should be sent.

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