Historically, federal securities laws have imposed significant – some would say onerous – disclosure and reporting requirements on companies seeking to raise money in the public equities markets. Testing the market was, for the most part, unlawful for fear of conditioning the market of prospective investors to your offering. Comments from the staff of the […]
Avoiding Wrongful Termination Claims
No matter how careful you are in screening prospective employees, sometimes the fit between employer and employee just isn’t a good one. When efforts to address a staff member’s behavior have been exhausted, or if termination is contemplated, it’s important to understand the legal view of the employer-employee relationship. A wrongful termination claim can be […]
Making it Easier for Private Companies and Emerging Growth Companies to Raise Capital
In April of 2012, President Obama signed into law the Jumpstart Our Businesses Startups Act (“JOBS Act”). This bipartisan legislation was designed to stimulate job growth by making it easier and less costly for smaller companies to raise capital in the United States by relaxing the regulations that apply to private offerings, initial public offerings […]
US Supreme Court Copyright Act Decision – ABC v Aereo
Developers of new digital technologies that store and transmit data to customers around the world suffered a major set back on June 25, 2014 in the United States Supreme Court Copyright Act Decision in American Broadcasting Cos., Inc. v. Aereo, Inc. The court found that Aereo infringed broadcasters’ copyrights by providing its customers with access to […]
Payroll Taxes are Not a Short Term Loan From the IRS
A client came to see me because the IRS was threatening to shut down his business for non-payment of payroll taxes of over $100,000. I asked why the taxes hadn’t been paid and he told me that he had cash flow problems so he used the payroll taxes as a short term, low interest loan […]
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