Business Law Blog

Connecticut Establishes CLE Requirement

After years of discussion and debate, the Connecticut Judicial Branch has established a new minimum continuing legal education ("CLE") requirement for Connecticut attorneys, to take effect ...
Continue reading "Connecticut Establishes CLE Requirement" »

Revised New Hampshire Securities Act Eliminates Renewal Fees and Final Sales Reports

Effective as of January 1, 2016, the New Hampshire Uniform Securities Act has been revised, based on the Uniform Securities Act of 2002, the most recent uniform securities act drafted by the National ...
Continue reading "Revised New Hampshire Securities Act Eliminates Renewal Fees and Final Sales Reports" »

Amendments to the Connecticut Business Law Statutes

Effective October 1, 2015, Public Act No. 15-48, titled “An Act Concerning Revisions to the Connecticut Business Corporation Act, the Uniform Limited Partnership Act and the Connecticut Limited ...
Continue reading "Amendments to the Connecticut Business Law Statutes" »

Development of State Securities Online: NASAA's Electronic Filing Depository

The United States Securities and Exchange Commission (SEC) installed its electronic disclosure system, EDGAR, beginning with a pilot program in 1984, and culminating in a full phase-in by 1996. EDGAR ...
Continue reading "Development of State Securities Online: NASAA's Electronic Filing Depository" »

The FCC's Broad New Interpretation of the TCPA Unfairly Puts Legitimate Companies in Greater Danger of Opportunistic Class Action Litigation

The potential for abusive litigation against companies that use telephone technology to efficiently deliver information to, and seek input from, their customers and others, increased significantly ...
Continue reading "The FCC's Broad New Interpretation of the TCPA Unfairly Puts Legitimate Companies in Greater Danger of Opportunistic Class Action Litigation" »

CBRE General Counsel discusses with Law360 the influence that Lev Berlin & Sousa counsel and founder Bruce Lev had on his career

Laurence H. Midler is executive vice president and general counsel at CBRE Group Inc. Until 2014, Midler also served as the company’s chief compliance officer, overseeing the ethics and ...
Continue reading "CBRE General Counsel discusses with Law360 the influence that Lev Berlin & Sousa counsel and founder Bruce Lev had on his career" »

SEC's New Guidance on Accredited Investor Verification for General Solicitations

On July 3, 2014, the Securities and Exchange Commission (SEC) issued six new Compliance and Disclosure Interpretations (CDIs) regarding the determination and verification of accredited investor status ...
Continue reading "SEC's New Guidance on Accredited Investor Verification for General Solicitations" »

SEC to Revise "Accredited Investor" Definition

In connection with the duties imposed on it by the Dodd-Frank Wall Street Reform and Consumer Protection Act, the SEC is set to come out with further revisions to the definition of "accredited ...
Continue reading "SEC to Revise "Accredited Investor" Definition" »

New Connecticut Telemarketing Law Increases Risks to Advertisers and Other Callers

Connecticut's recently enacted telemarketing legislation allows for higher penalties for unsolicited text or phone messages than the Telephone Consumer Protection Act, creating significant new ...
Continue reading "New Connecticut Telemarketing Law Increases Risks to Advertisers and Other Callers" »

11th Circuit Rules that Calls to Reassigned Numbers can create TCPA Liability

One of the more troubling issues to arise in Telephone Consumer Protection Act litigation involves calls to reassigned cellphone numbers. Almost 37 million phone numbers get recycled each year, a 16 ...
Continue reading "11th Circuit Rules that Calls to Reassigned Numbers can create TCPA Liability" »

Increased FTC Enforcement Makes Compliance with US-EU Data Transfer Regulations More Important

The Federal Trade Commission's recent focus on companies such as American Apparel Inc. that allegedly failed to comply with a U.S.-EU data transfer framework is only likely to grow more intense in ...
Continue reading "Increased FTC Enforcement Makes Compliance with US-EU Data Transfer Regulations More Important" »

ComScore Pays $14M To Settle Privacy Class Action

ComScore Inc. has struck a $14 million settlement with what is believed to be the largest class ever certified under federal electronic privacy laws, composed of Web users who allegedly had the online ...
Continue reading "ComScore Pays $14M To Settle Privacy Class Action" »

Massachusetts Zip Code Collection Class Actions on the Rise

In the year since the Massachusetts Supreme Judicial Court ruled that retailers cannot collect ZIP codes from consumers using credit cards, the number of class actions alleging that retailers have ...
Continue reading "Massachusetts Zip Code Collection Class Actions on the Rise" »

Recent Study Highlights Extreme Disparities in Billing Rates between Large and Small Corporate Law Firms

A recent report jointly created by Law360 and BTI Consulting Group Inc. analyzes how the biggest U.S. law firms are commanding billing rates that are astoundingly higher than their smaller ...
Continue reading "Recent Study Highlights Extreme Disparities in Billing Rates between Large and Small Corporate Law Firms" »

California releases guidance on DNT disclosures for privacy policies

On May 21, 2014 the California Attorney General Kamala Harris released much-anticipated guidance providing website and mobile app operators recommended best practices when disclosing how the operator ...
Continue reading "California releases guidance on DNT disclosures for privacy policies" »

FCC Fines Company $2.9 Million for Political Robocalls to Cell Phones

The Federal Communications Commission announced plans to fine Dialing Services, LLC, nearly $3 million for making illegal "robocalls" to cell phones. The FCC has specific rules for automatic ...
Continue reading "FCC Fines Company $2.9 Million for Political Robocalls to Cell Phones" »

SEC reminds investment advisers to review compliance policies annually

Norm Champ, Director, SEC Division of Investment Management, recently gave a speech where he reminded investment advisers to review compliance policies annually as required by SEC rules. He said ...
Continue reading "SEC reminds investment advisers to review compliance policies annually" »

Ten Key Take-Aways From the White House Big Data Report

On May 1, 2014, the White House Big Data Working Group, led by senior presidential advisor John Podesta, released a 79-page report that outlines a number of key observations and recommendations for ...
Continue reading "Ten Key Take-Aways From the White House Big Data Report" »

White House Urges Privacy Law Overhaul In 'Big Data' Review

The White House on Thursday backed a host of policy initiatives to better safeguard privacy in the age of “big data,” including a law to forge a single national standard for reporting data ...
Continue reading "White House Urges Privacy Law Overhaul In 'Big Data' Review" »

FTC Big Data Workshop

The Federal Trade Commission has scheduled the “Big Data: A Tool for Inclusion or Exclusion?” workshop that will explore the use of big data and its impact, including the impact on ...
Continue reading "FTC Big Data Workshop" »

Lev Berlin & Sousa Launches Business Law Blog

Lev Berlin & Sousa is pleased to announce the launch of its new business law blog! The blog's content will span the firm's various legal practice areas of expertise, including Corporate ...
Continue reading "Lev Berlin & Sousa Launches Business Law Blog" »

CASRO director government public affairs

CASRO creates director of government and public affairs role. Click here for more information
Continue reading "CASRO director government public affairs" »

SEC No Action Relief for MA Brokers

On January 31, 2014, the Securities and Exchange Commission’s Division of Trading and Markets granted no-action relief to “M&A Brokers” that engage in certain activities in ...
Continue reading "SEC No Action Relief for MA Brokers" »

FTC cracks down on Safe Harbor

The Federal Trade Commission has cracked down on companies falsely claiming to comply with international Safe Harbor privacy framework. Is it really so hard to renew your annual certification? Click ...
Continue reading "FTC cracks down on Safe Harbor" »

FTC approves Imperium method for parental consent compliance

The Federal Trade Commission has approved Lev Berlin & Sousa client Imperium LLC's method for obtaining parental consent for COPPA compliance Click here for more information
Continue reading "FTC approves Imperium method for parental consent compliance" »