Corporate Law360 provides breaking news and analysis of legal and regulatory issues affecting companies and their counsel. Coverage includes emerging regulation, legislation, and litigation that broadly impacts corporations.
The U.S. Department of Housing and Urban Development has hit Facebook Inc. with an administrative complaint that accuses the social media giant of using discriminatory advertising practices to target home buyers, according to New York federal court documents filed Friday in a related lawsuit.
The U.S. Department of Labor threw its support behind a class of former PricewaterhouseCoopers LLP employees attempting to revive their Employee Retirement Income Security Act claims against the company at the Second Circuit, arguing that there were remedies for the retirees under the statute.
Republican members of the National Labor Relations Board have wiped out an April ruling that a Texas restaurant group illegally fired a worker who brought a wage suit against it, drawing objections from the board’s Democrats.
President Donald Trump on Friday called on the U.S. Securities and Exchange Commission to study ending quarterly reporting requirements for public companies and switch to a six-month system in order to cut costs and spur growth, a major policy shift that experts say would likely be embraced by many businesses but resisted by investors.
Federal lawmakers have struggled for years to enact uniform online data security rules, but now once-unthinkable support from tech giants like Facebook and Google and shifting consumer attitudes are signaling a chance for momentous change, attorneys say.