New York Law360 provides breaking news and analysis on legal and regulatory issues in New York state. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
A recent wave of state and local legislation aims to correct the disparate impact of a seemingly innocuous interviewing practice — asking a candidate about his or her salary history, say Amy Traub and Amanda Van Hoose Garofalo of BakerHostetler.
The state of New York, along with several other jurisdictions, pressed a Manhattan federal judge Friday to issue a nationwide injunction blocking the Trump administration from cutting off law enforcement funding for so-called sanctuary jurisdictions, arguing new conditions for the funds are unlawful and unconstitutional.
A New York-based digital media company and its former managers consented to fines and other sanctions in settling a civil U.S. Securities and Exchange Commission complaint filed Thursday accusing them of inflating the firm's value by paying a marketer to generate more than 500,0000 downloads of the company's mobile app and other deceptive acts.
Financial technology startup GreenSky Inc. deceived investors by filing a misleading registration statement with the U.S. Securities and Exchange Commission in its initial public offering, shareholders argued in a proposed class action filed in New York state court that said stock prices tumbled after revised guidance was released months later.
The trustee for Bernie Madoff’s fraudulent investment firm asked the Second Circuit on Friday to allow him to claw back Ponzi scheme proceeds transferred from foreign Madoff feeder funds, saying the efforts are a domestic application of U.S. law even if the money was sent overseas.