Posts
April 26 2024
INmune Bio, Inc. announced the closing of its Registered Direct offering in the amount of $9,700,000. EG&S acted as counsel to the Placement Agent.
April 25 2024
Client Alert: Key Employment Law Updates in the New York State Budget
On April 20, New York State Legislators approved the 2024-2025 state budget. This budget contains significant legal changes that will impact employers in the near future. These changes and their effects are discussed below.
Click here to read the alert.
April 25 2024
Client Alert: U.S. Department of Labor Announces Final Rule on Overtime
On April 23, 2024, the U.S. Department of Labor released its final rule, making millions of salaried workers nationwide overtime eligible by increasing the salary threshold required to classify an employee as exempt from overtime as a bona fide executive, administrative or professional employee.
Click here to read the alert.
April 25 2024
Client Alert: FTC Bars Noncompete Agreements
On April 23, 2024, the Federal Trade Commission issued a final rule barring employers from entering into noncompete agreements. The final rule will become effective 120 days after the date of publication in the Federal Register.
Click here to read the alert.
April 23 2024
Alternus Clean Energy, Inc. announced the closing of their private placement in the amount of $2,160,000. EGS acted as counsel to Maxim Group LLC, the exclusive placement agent for the private placement.
April 23 2024
Nano Labs Ltd. announced the closing of its Registered Direct offering in the amount of $5,000,000. EG&S acted as counsel to the Placement Agent.
April 23 2024
Client Alert: EEOC Issues Final Regulations for the Pregnant Workers Fairness Act: Key Takeaways for Employers
The U.S. Equal Employment Opportunity Commission (EEOC) issued final regulations implementing the Pregnant Workers Fairness Act (PWFA). The final regulations clarify employer obligations to provide reasonable accommodations to employees and applicants affected by pregnancy, childbirth, or related medical conditions and will become effective on June 18, 2024.
Click here to read the alert.
April 22 2024
Client Alert: US Supreme Court Holds That Lateral Transfers May Violate Title VII Even Absent Significant Harm
In a unanimous decision, the US Supreme Court resolved a split across various circuit courts in holding that Title VII prohibits discriminatory job transfers even when the employee is not subjected to significant harm.
Click here to read the alert.