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  • Article

    Biden Executive Order Makes A Head Start On AI Regulatory Framework

    In the past few years, the presence of artificial intelligence has boomed in the workforce with little to no formal regulation directly addressing its impact.
    United StatesTechnology
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    FTC Announces Proposed "Click To Cancel" Rule

    On March 23, 2023, the Federal Trade Commission announced that it was proposing a new rule which would, among other things, make it easier for consumers to cancel certain subscriptions involving recurring payments.
    United StatesConsumer Protection
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    SEC Seeks To Obtain Penalties Greater Than A Defendants' Gain

    The U.S. Securities and Exchange Commission ("SEC") is seeking a ruling in the Ninth Circuit Court of Appeals upholding a fine larger than what a defendant individually gained from an allegedly illegal scheme.
    United StatesCorporate/Commercial Law
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    Multiple Federal Agencies Address Use Of Artificial Intelligence In Business And Employment Practices

    Several government agencies have recently announced plans to use existing regulatory structures to limit the extent to which automated systems and artificial intelligence are potentially resulting in
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    New Jersey To Ban Non-Disparagement Language In Employment Related Settlement Agreements

    On September 30, 2022, the New Jersey Assembly took a step toward allowing employees who endured discrimination, retaliation, or harassment at the workplace to speak about their experiences on the job.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    Private Messaging Costs Big Banks Almost $2 Billion In Penalties

    Several Wall Street banks were financially penalized earlier this month for the use of private messaging and encrypted chats by their employees.
    United StatesFinance and Banking
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    U.S. Regulators Are Considering Revamped Rules After The Failure Of Silicon Valley Bank

    According to statements by Michael Barr, the Federal Reserves' top regulator, made at a March 28, 2023 hearing before the Senate Committee on Banking, Housing, and Urban Affairs, the Fed is considering the possibility of new regulations ...
    United StatesFinance and Banking
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    New Lawsuit Alleges Costco Disclosed Consumers' Medical Information To Meta

    On October 25, 2023, a California resident filed a lawsuit against Costco Wholesale Corporation ...
    United StatesFood, Drugs, Healthcare, Life Sciences
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    Walmart App-Based Delivery Driver Accuses Company Of Wage Theft

    On November 27, 2023, a class action complaint filed in Washington State court was moved to federal court alleging Walmart improperly misclassified its app-based delivery drivers...
    United StatesLitigation, Mediation & Arbitration
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    NY Dept. Of Financial Services' First Enforcement Action Against A Crypto Company, And What It Means For Crypto Trading

    On August 2, the New York Department of Financial Services issued a $30 million consent order against Robinhood Crypto LLC, a wholly owned subsidiary of Robinhood Markets Inc., which offers cryptocurrency trading.
    United StatesTechnology
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    Criminal Conviction In First NFT Insider-Trading Trial

    On May 3, 2023, Nathaniel Chastain, former product manager of OpenSea, the largest market for non-fungible tokens, was convicted by a jury of wire fraud and money laundering. The conviction was the first of its kind.
    United StatesCriminal Law
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    UPDATE: Supreme Court Holds That Highly Compensated Employee Is Entitled To Overtime Pay

    As previously discussed here, the U.S. Supreme Court heard argument a few months ago in Helix Energy Solutions Group Inc. v. Hewitt, one of the more notable employment law cases headlining the Court's October 2022 Term.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    Garden Leave Slowly Gains Traction In The United States

    A non-compete agreement is an agreement or clause in a contract specifying that an employee must not work for a competitor or enter into business in competition with the employer during or after employment.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    Mass Layoffs Are Sometimes Used To Justify Unlawful Discrimination Or Retaliation

    In recent weeks, tens of thousands of employees have been fired in mass layoffs, including employees at Google, Microsoft, Amazon, and other tech companies.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    New York State Amends The Nursing Mothers In The Workplace Act To Provide Important Protections To Nursing Employees

    On December 7, 2022, New York State expanded protections afforded to working mothers by amending the Nursing Mothers in the Workplace Act.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    FLSA Pleading Standard Is Specific But Not Strict, Says Court Of Appeals

    The New York Court of Appeals for the Second Circuit has issued new guidance on how to properly plead wage and hour claims against employers.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    The Rise In Age Discrimination Law Suits In America

    The Age Discrimination in Employment Act (ADEA) prohibits employment discrimination against individuals 40 years or older. To prove age discrimination, an employee must establish...
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    California Increases The Minimum Wage For Health Care And Fast-Food Workers

    On October 13, 2023, California Governor Gavin Newsom signed a bill into law that will raise the minimum wage for hundreds of thousands of Californian health care workers to $25.00 per hour by June 2028.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    New York Expands Nursing Mothers' Rights At Work

    On December 9, 2022, Governor Kathy Hochul signed a bill into law expanding nursing mothers' rights at work.
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi
  • Article

    NY State Court Allows $17.96 Minimum Wage For App-Based Food Delivery Workers To Go Forward – First Law Of Its Kind In U.S. – Denying Motion For Preliminary Injunction By Uber, DoorDash And Grubhub

    Last week, a New York State Court rejected a motion by Uber, DoorDash and Grubhub for a preliminary injunction to stop a minimum wage of $17.96 from taking effect for those companies...
    United StatesEmployment and HR
    Faruqi & Faruqi
    Faruqi & Faruqi

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