Monday, July 28, 2014

NLRB could redefine joint-employer relationships

PLI SmartBrief
Citigroup reportedly is nearing mortgage-investigation settlement | Economists dismiss concerns of inflation surge | Cybersecurity legislation moves ahead in Senate
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July 9, 2014
PLI SmartBrief
Legal News in Brief

Corporate SpotlightSponsored By

Citigroup reportedly is nearing mortgage-investigation settlement
Citigroup is set to pay about $7 billion to settle allegations that it sold troubled mortgages before the global financial crisis, sources say. Citigroup and the Justice Department are working on the details of an agreement, which could be announced soon. The New York Times (tiered subscription model)/DealBook blog (7/8), The Wall Street Journal (tiered subscription model) (7/8)
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Increase Collaboration to Convert More Leads
Providing a consistent picture of the customer household to every line of business results in more lead conversion, cross-selling opportunities and an outstanding customer experience. In this webinar, Kennebunk Savings Bank shares how it transformed its business by breaking down silos, increasing sales effectiveness and orienting all lines of business around the customer. Watch the webinar >

National NewsSponsored By

Economists dismiss concerns of inflation surge
Some economists are skeptical of U.S. legislators' worries that inflation will spike in the near term because of continued economic recovery and easy monetary policy, saying employment remains subdued and house prices are contained. The Hill (7/8)
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10 Trending Reasons for AP Automation
By electronically managing the documents that surround AP processes—like faxes, email, EDI, etc.—you maximize the benefits associated with fast and accurate invoice processing. Discover 10 more reasons to remove the paper for your AP processes.

Legislative DispatchSponsored By

Cybersecurity legislation moves ahead in Senate
The U.S. Senate Intelligence Committee has voted 12-3 to approve legislation to quell cyberattacks. The bill, which has prompted privacy concerns, would encourage firms to disclose information on cybersecurity threats and hacking attempts. Reuters (7/8), Bloomberg (7/9), The Washington Post (tiered subscription model)/The Switch blog (7/8)
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Selecting Your Equity Compensation Management Solution
Before selecting a stock plan management solution, consult our Buyer's Guide to understand the 11 criteria to use in evaluating your options and selecting the best solution for your company's needs. Whether you are purchasing a platform for the first time or making a switch from your current solution, there are features that your system needs to have—make sure you know what to look for in this free Buyer's Guide.

Employment FocusSponsored By

NLRB could redefine joint-employer relationships
The National Labor Relations Board says it may expand the definition of "joint-employer relationships" to make employers responsible for the labor practices of subcontractors. "The potential reach of an expansion of the joint-employer doctrine will affect virtually every employer in the country," lawyer Roger King said. Human Resource Executive (7/7)
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Move to higher minimum wage now includes 12 states
Twelve states are now planning to raise their minimum wage to at least $9 an hour. And in all but three states, the wage floor will be more than $10. The Washington Post (tiered subscription model)/GovBeat blog (7/4)
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Supreme Court and Federal Court Watch

Hedge fund manager found not guilty in insider-trading case
Rengan Rajaratnam, whose brother is serving an 11-year sentence for insider trading, has been acquitted by a federal jury. Rajaratnam spent time at SAC Capital Advisors before becoming a fund manager at Galleon Group, a company co-founded by his brother. He is the first person among dozens not to plead guilty or be convicted at trial since the government's crackdown on insider trading began. Bloomberg Businessweek (7/8)
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Other News

Professional and Business Development

Difficult conversations are easier if you cut to the chase
When you've got to break bad news to people, simply tell them, writes Peter Bregman. Long introductions and waffling apologies only make matters worse. "People are resilient. I'm usually more uncomfortable delivering a difficult message than the other person is receiving it," Bregman writes. Harvard Business Review online/HBR Blog Network (7/7)
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Why leaders should minimize policies
Leaders should keep formal policies to a minimum, instead dealing with problems by talking them through on a case-by-case basis, writes Dan Rockwell. "Excessive policy making is an empty-headed response to leadership challenges," he warns. Leadership Freak blog (7/5)
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PLI News

Pom Wonderful, LLC v. Coca-Cola Co.
In its second false advertising opinion this term, the Supreme Court recently held that competitors may bring Lanham Act claims challenging food and beverage labeling, even in the case of labels regulated by the Food, Drug and Cosmetics Act. Learn more at this afternoon's audio briefing Pom Wonderful v. Coca-Cola: Supreme Court Rules on Lanham Act and FDCA Food and Beverage Labeling Interplay.
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SEC Reporting Skills Workshop 2014
Taking place July 17 to 18 in Las Vegas and across 11 U.S. locations, this workshop is designed to help participants build the foundational knowledge and practical experience necessary to prepare and review the Securities and Exchange Commission's periodic and current reporting forms, including the 10-K Annual Report, the 10-Q Quarterly Report and the 8-K Current Report.
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Failure is simply the opportunity to begin again, this time more intelligently."
-- Henry Ford,
American industrialist
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