By Bilal Sayyed

Counsel | Antitrust

The Federal Trade Commission’s (the FTC) rule prohibiting the entering into or enforcement of non-compete clauses between employers and employees (the Non-Compete Rule) made final in April 2024 and originally scheduled to go in effect on September 4, 2024, was recently “set aside” by the district court in Ryan, LLC v. Federal Trade Commission.

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By Gina Castellano

Partner | Compliance, Investigations and Enforcement

By Jeffrey Clark

Partner | Compliance, Investigations and Enforcement

By Martin Weinstein

Partner | Compliance, Investigations and Enforcement

On August 1, 2024, the U.S. Department of Justice (DOJ) officially unveiled its Corporate Whistleblower Awards Pilot Program (the Program). The three-year pilot program aims to broaden the range of corporate misconduct that may lead to rewards for individuals who report to the government.

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By William Mills

Partner | Corporate

By Irina Dolinskiy

Counsel | Corporate

In Maso Cap. Invs. Ltd. v. E-House (China) Holdings Ltd., No. 22-355 (2d Cir. June 10, 2024), the United States Court of Appeals for the Second Circuit affirmed the district court’s dismissal of a putative securities-fraud class action brought against a company and several of its directors based on, among other things, the alleged failure to disclose newer projections before a go-private merger in violation of Section 10(b) of the Securities Exchange Act of 1934 and its implementing rule, Rule 10b-5. 

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By Emily Dworkin

Associate | Corporate

By Erica Hogan

Partner | Corporate

On August 26, 2024, the U.S. Securities and Exchange Commission (SEC) issued an order approving  proposed amendments by The Nasdaq Stock Market LLC (Nasdaq) to clarify and modify the phase-in schedules for certain corporate governance requirements and clarify the applicability of certain cure periods where companies fail to meet the majority independent board, audit committee composition or compensation committee requirements.

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