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Federal fraud decision stirs controversy

Securities lawyers are closely monitoring the outcome of a motion for reconsideration in a 1st U.S. Circuit Court of Appeals fraud case that has many claiming the court has gone too far. In SEC v. Tambone, the court radically expanded the scope of liability in securities fraud investigations by holding that the conduct of two mutual fund executives could constitute an “implied fraudulent statement” even though they did not actually make any false or misleading statements.

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‘Workpapers’ protected from disclosure to IRS

Tax-accrual workpapers prepared by a company to determine how much cash it should reserve in case the IRS disputed its tax returns were protected by the work-product doctrine, the 1st U.S. Circuit Court of Appeals has ruled.

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Businesses alerted to impact of new product safety law

An obscure new law that is best known for prohibiting lead in toys will affect a majority of businesses in New England — including those that have nothing to do with children’s products — in profound ways, say lawyers who have been tracking the legislation.

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Critics blast bill banning non-compete agreements

Employment lawyers warn that a recently filed bill calling for a ban of all non-compete agreements in Massachusetts would be a crippling blow for local businesses

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In-House Leaders in the Law (772)

Join us at In-House Leaders in the Law, an awards event honoring a select group of in-house counsel for their accomplishments.

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New pay bias legislation gets mixed reaction

The first law signed by President Barack Obama, which overturned a U.S. Supreme Court ruling and gave employees more time to file unequal pay-bias claims, is being hailed by proponents as a way to ensure equality in the workplace. But ...

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Defense, plaintiffs’ lawyers spar over retaliation ruling

The recent U.S. Supreme Court decision permitting a worker who was fired after answering questions during an internal sex harassment inquiry to pursue a Title VII claim has the defense and plaintiffs’ bars divided over its impact. While some employment ...

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A company policy can save employers a lot of blog-ache

In an age where it seems like almost everyone is expressing his personal thoughts on blogs, on social networking sites and in website comment sections, it’s essential that employers have policies governing their employees’ personal online activities. “I would be ...

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In-house legal departments learning to run leaner

To stay afloat in tough economic times, many in-house legal departments are under pressure to “do more with less,” as one legal expert puts it. Seventy-five percent of corporate law departments across the country are seeing considerable cutbacks this year, ...

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