Judge Tells SEC To Keep Hands Off Smartphone Passwords. Smart Phone Wall Street Journal reporter Jacob Gershman today wrote that a federal judge in Pennsylvania ruled that the Securities and Exchange Commission (SEC) can’t force two former credit-card company employees accused of insider trading to give up their personal passcodes for their work-issued smartphones.
Strauss Troy, one of Greater Cincinnati and Northern Kentucky’s leading law firms, announced that R. Guy Taft has been appointed to the 2014 board of directors. Guy is co-chairman of the firm’s litigation group and concentrates his practice in federal and state court litigation appeals in the areas of intellectual property disputes, breach of contract, fraud, health care …Read More
If you buy a defunct company, from its bank or out of receivership or bankruptcy, make sure that you aren’t liable for any actual, or alleged, labor and employment law violations of the old company. The burden of proof is on you — even with an asset purchase and hold-harmless agreements. Federal courts can simply ignore these.
Often, labor and employment law’s “federal successor liability rules” actually trump state business laws and contracts designed to protect buyers.