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Vedder Price PC | USA | 12 Apr 2019

New Jersey Prohibits Nondisclosure Agreements and Waivers of Rights in Connection with Discrimination, Retaliation or Harassment Claims

In response to the increased attention on sexual harassment claims and settlements, New Jersey has enacted new legislation (New Jersey Senate Bill 121


Vedder Price PC | USA | 7 Mar 2017

Class Is in Session: Supreme Court to Decide Future of Class Waiver Arbitration Clauses

From Fortune 500s to regional warehouses, employers have long relied on arbitration clauses that prohibit class or collective action employment


Vedder Price PC | USA | 14 Jun 2016

FINRA Publishes Targeted Exam Letter for Mutual Fund Waiver Sweep

In May 2016, FINRA published a targeted exam letter issued to certain unspecified broker-dealers in connection with FINRA’s examination of whether


Vedder Price PC | USA | 11 Mar 2014

Win for employers still has ramifications: while arbitration agreements might be valid, charges of unfair labor practices loom

On December 3, 2013, the U.S. Court of Appeals for the Fifth Circuit handed down its decision in D.R. Horton v. National Labor Relations Board


Vedder Price PC | USA | 3 May 2011

Supreme Court validates class action waiver provisions in arbitration agreements

In our April 2010 issue of Labor and Employment Law, we discussed using mandatory arbitration agreements as one option for combating the proliferation of wage and hour class action litigation.


Vedder Price PC | USA | 4 Oct 2010

Former State Street employees charged by SEC for misleading investors about subprime mortgage investments

On September 30, 2010, the SEC charged two former employees at State Street Bank and Trust Company with misleading investors about their exposure to subprime investments in State Street's Limited Duration Bond Fund.


Vedder Price PC | USA | 29 Sep 2010

Illinois’ tax amnesty commences October 1, 2010

In an effort to uncover and collect, or accelerate the receipt of, additional tax revenues, the State of Illinois has enacted a tax amnesty program.


Vedder Price PC | USA | 28 Sep 2009

Suspension of 2009 required minimum distributions relief and guidance from the IRS

The Internal Revenue Service (IRS) has issued guidance regarding the suspension of required minimum distributions (RMDs) for 2009 from defined contribution plans (for example, 401(k) plans) under the Worker, Retiree and Employer Recovery Act of 2008 (WRERA).


Vedder Price PC | USA | 3 Apr 2009

Patentees may have a duty to disclose standard related patents to standards setting organization

For patents relating to a standardized technology, participation in a standards organization’s development efforts in any capacity may impose a duty upon the patentee to disclose its standards related patents to the standards setting organization (“SSO”).


Vedder Price PC | USA | 2 Mar 2009

Supreme Court upholds plan’s distribution to ex-wife where waiver did not comply with plan documents

In Kennedy v. DuPont Savings & Inv. Plan (Sup. Ct., Jan. 26, 2009), a unanimous Supreme Court held that a plan must distribute benefits to a participant’s ex-wife who was the named beneficiary at the time of the participant’s death, notwithstanding the ex-wife’s waiver of those benefits as part of a divorce settlement.

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