Bills, Rules, and Regulations
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Lawmakers seek hearing on lawyer kickback practices
Lawmakers want to hold hearings to investigate whether the practice of securities lawyers paying plaintiffs to file class action lawsuits is an industry-wide practice.
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May 19, 2008
New non-profit tax forms give IRS more info
For non-profit groups, when the tax man cometh next year, he’s going to want a lot more information. Last month, the Internal Revenue Service released new draft instructions for its recently revamped Form 990 for non-profits.
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May 19, 2008
Justice Department, Congress probe Vytorin maker
The Department of Justice has joined federal lawmakers in seeking information about why it took drug makers so long to report the negative results of a study of the cholesterol drug Vytorin.
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May 19, 2008
House-passed foreclosure bill faces veto
The House has passed a homeowner rescue plan designed to provide cheaper, government-backed mortgages to half a million debt-ridden borrowers and bolster the economy.
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May 5, 2008
GOP kills bill to overturn High Court equal pay decision
Legislation aimed at restarting the statute of limitations for equal pay claims with the issuance of each paycheck – which Supreme Court Justice Ruth Bader Ginsburg called for from the bench last year in her dissent in Ledbetter v. Goodyear Tire and Rubber – was blocked by Senate Republicans.
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May 5, 2008
Labor Department’s 401(k) fee brief makes splash
The Department of Labor's recent filing of an amicus brief seems to have resuscitated an all-but-dead class action alleging that plan fiduciaries allowed the participants’ 401(k) investments to be saddled with excessively high fees and neglected to disclose those fees.
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May 19, 2008
Debate intensifies over binding arbitration bill
WASHINGTON – Advocates and opponents of a bill seeking to ban mandatory binding arbitration clauses in most contracts – bolstered by recent studies they say prove their positions – are amplifying their calls on Congress to act in favor or against the stalled measure.
