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In a decision narrowing the scope of state Medicaid fraud statutes, the Supreme Court of Arkansas unanimously reversed and dismissed a $1.19 billion award.

"Chinese apples" is an English term for pomegranate.

There have been two recent developments in the expansion of private antitrust actions in the United Kingdom and the European Union.

On March 25, 2014, Commissioner O’Reilly recognized the pressing need for clarity and called for the FCC to act "as soon as possible."

The FCC issued a Public Notice on November 19, 2013, seeking comments on a petition for expedited declaratory ruling that had been filed by the Professional Association for Customer Engagement ("PACE").

In our June 2011 Newsletter, we discussed the status of important pending legislation in Pennsylvania (the Fair Share Act) designed to eradicate the common law doctrine of joint and several liability.

We recently were reminded that boards of directors must be watchful for potential conflicts of interest, and not just those involving directors; it is equally important to be sensitive to conflicts involving their advisors.

On September 23, 2013, the SEC’s new rules become effective that disqualify certain persons from being involved in Reg D private offerings relying on Rule 506.

FINRA issued Regulatory Notice 10-54 (the Notice) requesting comment on a concept proposal to require broker-dealers, on or before commencing a business relationship with a retail customer, to provide a disclosure document describing in plain English the accounts and services it offers as well as conflicts of interest and any limitations on the broker-dealer's duties to its retail customers.

On August 16, 2013, the Delaware Court of Chancery issued a post-trial opinion holding that the directors of Trados Inc. did not breach their fiduciary duties when approving a merger notwithstanding the fact that holders of common stock received nothing in the transaction.

The Securities and Exchange Commission continues to signal its renewed focus on the enforcement of Regulation FD, which prohibits selective disclosure of material nonpublic information to investment professionals or holders of a company’s securities.

Public company boards and their advisors should be aware of a recent trend of challenges to the sufficiency and adequacy of the proxy statement disclosures.

On December 4, 2013, the SEC’s the Division of Corporation Finance issued additional Compliance and Disclosure Interpretations (the Guidance) on certain aspects of the "bad actor" rules under the Securities Act of 1933 that became effective on September 23, 2013.

This complaint stems from the fraudulent sale of unregistered securities in a Portland-based gold mining company, 3 Eagles Research & Development, LLC. According to the complaint, the defendants misappropriated $2.7 million from around 140 investors through the sale of unregistered "royalty units" in an Ohio-based gold mining project.

The United States Attorney for the District of New Jersey announced indictments against five men alleging their participation in a global hacking and data breach scheme in which more than 160 million American and foreign credit card numbers were stolen from corporate victims.

Since 1978, the National Labor Relations Board has allowed employers to refuse to provide unions with copies of witness statements obtained during an investigation of employee misconduct.

We recently handled an issue for a client that highlights the importance of overseeing plan service providers.