Vedder Price

Global Transportation Finance Shareholder David Hernandez will speak on the panel “Making US business aviation even greater” at the Corporate Jet Investor (CJI) London 2025 conference on Wednesday, February 5th, sponsored in part by Vedder Price. Learn more at the link below. #GlobalTransportationFinance #CorporateJetInvestor #CJI #BusinessAviation

The Department of Labor (DOL) has issued an opinion letter reiterating its position that managers and supervisors are prohibited from participating in tip pools under any circumstances. To read more on the DOL’s further guidance on the Fair Labor Standards Act (FLSA), visit our blog below from James P. Looby and Michael Considine. #DOL #DepartmentofLabor #FLSA #FairLaborStandardsAct #EmploymentLaw

The U.S. Supreme Court has granted the Government’s motion to stay the nationwide injunction previously issued by the United States District Court of Appeals for the Eastern District of Texas. Click here for more details: https://bit.ly/4gmmfKP Our CTA Working Group is here to help with any questions. #CorporateTransparencyAct #CTA #ComplianceUpdate

On January 27, President Trump dismissed National Labor Relations Board officials, General Counsel Jennifer Abruzzo and member Gwen Wilcox. Learn more in our latest blog from Greg Ripple, Ken Sparks and Peyton Demith. #NLRB #NationalLaborRelationsBoard #Labor

The SEC settled several administrative proceedings brought against the broker-dealer and registered investment adviser subsidiaries of a global financial services firm. Read our latest investment services update for a summary of the alleged disclosure failures below. #SEC #BrokerDealer #InvestmentServices #ISG #RegulatoryUpdate

Employers must complete, certify and post a Summary of Work-Related Injuries and Illnesses by February 1, 2025. Additionally, certain employers must electronically submit their 2024 injury and illness data to the Occupational Safety and Health Administration (OSHA) by March 2, 2025. For more guidance on key upcoming OSHA compliance deadlines, read our latest blog from Gregory Ripple and Peyton Demith. #OSHA #OSHACompliance #OccupationalSafetyAndHealthAdministration

The U.S. District Court for the Western District of Wisconsin entered a final judgment against a former mutual fund portfolio manager for negligent misrepresentations to fund investors. To read more about the court’s decision, visit our website. #DistrictCourt #SEC #RiskManagement #InvestmentServices #ISG #RegulatoryUpdate

The U.S. District Court for the Northern District of Texas granted summary judgment to plaintiffs in two parallel lawsuits that challenged the SEC’s February 2024 adoption of new rules under the Exchange Act to expand the definition of “dealer” and “government securities dealer.” Read more about the ruling in our article below. #DistrictCourt #SecuritiesExchangeAct #InvestmentServices #ISG #RegulatoryUpdate

The SEC’s Division of Examinations staff issued a risk alert identifying deficiencies and weaknesses within examinations over the past four years in fund compliance programs, disclosures and filings, and governance practices. Visit our website to learn more. #SEC #FundCompliance #Disclosures #Governance #InvestmentServices #ISG #RegulatoryUpdate

On January 24, 2025, the Illinois Supreme Court ruled in Petta v. Christie Business Holding Co., that a patient who alleged an increased risk of harm from a data breach is insufficient to establish standing, a decision that could have significant implications for data privacy litigation. Read more on the matter in our latest Media and Privacy blog from Shareholder Rich Tilghman and Associate Keeley Sawyer. #IllinoisSupremeCourt #DataPrivacy #DataBreach