The director of California’s Department of Finance has certified that the state’s minimum wage will increase from $16 per hour to $16.50 per hour for all employers as of January 1, 2025. Companies with operations in California should also be aware of specific minimum wages for fast food employees (described here) and healthcare workers (described
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FTC Order Bans Anonymous Messaging App from Serving Minors
The Federal Trade Commission (FTC) and the Los Angeles County District Attorney on July 9, 2024, announced a complaint and proposed stipulated order against NGL Labs, LLC, and two NGL co-founders concerning the “NGL: ask me anything” anonymous messaging app. The complaint alleges that NGL marketed the app to children and teens despite awareness of…
Filing Fee Tables Must Be iXBRL Tagged
By Ben Dale
Back in early 2022, the SEC required companies to include filing fee disclosures for fee-bearing filings, such as Securities Act registration statements, in the newly created Exhibit 107. Here’s the final rule. Like so many new SEC rules, there is an Inline XBRL tagging requirement for the filing fee exhibit, which is now going into effect.…
Cybersecurity for Lawyers: A Series
By Andrew Pak & Emma Roberts
Introduction
If you are an attorney covering cybersecurity, not only do you have to stay on top of ever-evolving legal obligations and risks, you have to be able to speak competently with your technical counterparts. While there are plenty of technical resources, very few are geared to the needs of cybersecurity counsel. With that said,…
Midyear Update on the Corporate Transparency Act
While public companies generally have an exemption from filing beneficial ownership information reports with the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) under the Corporate Transparency Act (CTA), it can be a complicated analysis to figure out what is required for joint ventures, partnerships, and certain other corporate structures. Check out our…
Ride-Hail Drivers Lack Standing Under California’s PAGA to Intervene in Overlapping PAGA Case
On August 1, 2024, the California Supreme Court issued a ruling in Turrieta v. Lyft, Inc., to address whether a party can intervene in another party’s ongoing Private Attorneys General Act (PAGA) action that asserts overlapping claims. In an opinion authored by Justice Martin J. Jenkins, the court held that granting such authority to a party…
FCC Proposes Rules Requiring Disclosure of AI-Generated Content in Political Ads
This presidential election season has heightened concerns about the use of artificial intelligence (AI)-generated content in political ads to mislead voters. With this concern in mind, the Federal Communications Commission (FCC) has proposed rules to mandate disclosure of AI-generated content in political advertisements on media platforms subject to FCC jurisdiction. In its recent Notice of…
The SEC’s Climate Rules: Item 1502(e)’s Transition Plan Disclosure (Including Annual Progress)
This is another in a series of blogs we will be posting breaking down the SEC’s new climate disclosure rules (here’s the last blog we posted).
We’re near the end of Regulation S-K Item 1502, Strategy. For the full text, see pages 852 through 855 of the SEC’s adopting release. This is the section…
Ninth Circuit Confirms De Minimis Doctrine Applies to Overtime Claims and Reverses District Court Judgment on Boot Up and Shut Down Pay
On July 10, 2024, the United States Court of Appeals for the Ninth Circuit issued an Opinion in Cariene Cadena v. Customer Connexx LLC reversing the U.S. District Court for the District of Nevada’s summary judgment ruling in favor of employer Customer Connexx (Connexx), holding that triable issues of material fact remained as to whether…
AI in Video Games: The Next Big Labor Strike
Fresh off the heels of strikes by both the Screen Actors Guild – American Federation of Television and Radio Artists (SAG-AFTRA) and the Writers Guild of America (WGA) that effectively halted the making of movies and TV shows for much of 2023, Hollywood’s next big labor dispute is brewing.
On July 25, 2024, SAG-AFTRA announced…