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U.S. Department of Labor Issues New Guidance Narrowing the Definition of Workers Qualifying Under the FLSA as Employees

USA - May 7 2019 In an April 29, 2019 opinion letter (FLSA2019-6) (“Letter”), the U.S. Department of Labor (“DOL”) issued new guidance on who qualifies as an employee...

Liza M. Velazquez, Andrew L. Gaines, David W. Brown, Michele Hirshman, Elizabeth M. Sacksteder, Justin D. Lerer, Leah J. Park, Daniel J. Toal, Maria Helen Keane, Lawrence I. Witdorchic, Allan J. Arffa, Lynn B. Bayard.

Delaware Supreme Court Holds Ratification Defense Inapplicable to Certain Discretionary Incentive Plan Awards

USA - December 20 2017 Recently in In re Investors Bancorp, Inc. Stockholder Litigation, the Delaware Supreme Court held that stockholder ratification of an equity incentive...

Ariel J. Deckelbaum, Scott A. Barshay, Jeffrey D. Marell, Stephen P. Lamb, Justin G. Hamill, Ross A. Fieldston.

New York City Salary History Ban Takes Effect October 31

USA - October 26 2017 Effective October 31, 2017, all employers in New York City will be prohibited under the NYC Human Rights Law from inquiring about or relying upon an...

Liza M. Velazquez, Daniel J. Toal, Maria Helen Keane, Robert C. Fleder, Allan J. Arffa.

Delaware Court of Chancery Holds That Stockholder Vote on Equity Incentive Plan Ratifies Later Awards

USA - April 11 2017 In a recent decision in In re Investor Bancorp, Inc. Stockholder Litigation, the Delaware Court of Chancery held that a fully informed stockholder...

Ariel J. Deckelbaum, Scott A. Barshay, Jeffrey D. Marell, Stephen P. Lamb, Justin G. Hamill, Ross A. Fieldston.

ISS and Glass Lewis Publish 2017 U.S. Voting Policies

USA - December 2 2016 U.S. proxy advisory firms Institutional Shareholder Services and Glass Lewis have issued their respective voting policies for the 2017 proxy season...

Jessica Augarten, Gregory A. DiBella, Lawrence I. Witdorchic, Frances F. Mi.