This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), tax rate, and plans for return of capital. These statements involve risks and uncertainties, and actual results may differ. […]
Monthly Archives: January 2020
FTC Extends Deadline for Comments on Workshop Addressing Non-Compete Clauses in Employment Contracts
Following a recent public workshop on non-compete clauses in employer-employee contracts, the Federal Trade Commission has extended the deadline for public comments from Feb. 10, 2020 to March 11, 2020. The workshop considered whether there is a sufficient legal basis and empirical economic support to promulgate a Commission Rule that would restrict the use of […]
FTC Marks Tax Identity Theft Awareness Week February 3-7, 2020
The Federal Trade Commission will mark Tax Identity Theft Awareness Week, February 3-7, 2020, by co-hosting a series of free events highlighting the warning signs of tax identity theft and government imposter scams, ways consumers can protect themselves, and what to do if a consumer is a victim of tax identity theft. Tax identity theft […]
Background Check Services Provider Agrees to Settle FTC Allegations that it Falsely Claimed Participation in the EU-U.S. Privacy Shield
A company that provides security and investigative services, including background check services, has agreed to settle Federal Trade Commission allegations that the firm misrepresented its participation in and compliance with the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. In a complaint, the FTC […]
FTC Announces Annual Update of Size of Transaction Thresholds for Premerger Notification Filings and Interlocking Directorates
For 2020, the size-of-transaction threshold for reporting proposed mergers and acquisitions under Section 7A of the Clayton Act will adjust from $90 million to $94 million. Also, the 2020 thresholds under Section 8 of the Act that trigger prohibitions on certain interlocking memberships on corporate boards of directors are $38,204,000 for Section 8(a)(l ) and […]
IRS: Jan. 31 filing deadline for employers, other businesses to file wage statements, independent contractor forms
IRS YouTube Videos IR-2020-21, January 28, 2020 WASHINGTON — With just a few days remaining until the deadline, the Internal Revenue Service reminds employers and other businesses that January 31 is the filing deadline for submitting wage statements and forms for independent contractors with the government. Employers must file their copies of Form W-2, Wage […]
OCC Hosts Credit Risk and Operational Risk Workshops in New Orleans
News Release 2020-7 | January 27, 2020 Share This Page: WASHINGTON — The Office of the Comptroller of the Currency will host two workshops at the Embassy Suites by Hilton in New Orleans, March 3-4, for directors of national community banks and federal savings associations supervised by the OCC. The Credit Risk workshop on March 3 […]
Statement of Secretary Steven T. Mnuchin on the 75th Anniversary of the Liberation of Auschwitz
“Today, I was honored to represent President Trump as I led the United States Delegation attending the 75th Anniversary of the Liberation of Auschwitz on this International Holocaust Remembrance Day. I was proud to deliver the President’s Proclamation marking this solemn day to President Andrej Duda, and I want to thank him, the Republic of Poland, and the Auschwitz-Birkenau State Museum for bringing together Holocaust survivors, […]
IRS kicks off 2020 tax filing season with returns due April 15; help available on IRS.gov for fastest service
IR-2020-20, January 27, 2020 WASHINGTON ― The Internal Revenue Service successfully opened the 2020 tax filing season today as the agency begins accepting and processing federal tax returns for tax year 2019. The deadline to file a 2019 tax return and pay any tax owed is Wednesday, April 15, 2020. More than 150 million individual […]
FTC and NY Attorney General Charge Vyera Pharmaceuticals, Martin Shkreli, and Other Defendants with Anticompetitive Scheme to Protect a List-Price Increase of More Than 4,000 Percent for Life-Saving Drug Daraprim
The Federal Trade Commission has filed a complaint in federal court against Vyera Pharmaceuticals, LLC, alleging an elaborate anticompetitive scheme to preserve a monopoly for the life-saving drug, Daraprim. Daraprim is the gold standard treatment for a rare, potentially fatal parasitic infection known as toxoplasmosis. In most people, toxoplasmosis is easily contained by the immune […]