20 June 2024

Recent Court Decision May Become a Roadmap For Challenging DEI Initiatives

The lawsuit, American Alliance for Equal Rights v. Fearless Fund Management, LLC, was brought by the American Alliance for Equal Rights (AAER), a nonprofit organization opposed to race-based classifications and preferences, against the Fearless Fund and related entities. The lawsuit centered around the Fearless Strivers Grant Contest, a competition offering $20,000 grants, along with mentorship […]

10 June 2024

OFCCP Publishes New Scheduling List

This past Friday, the Office of Federal Contract Compliance Programs (OFCCP) published its newest list of federal contractors whom it will begin scheduling for a compliance audit. Contractors who appear on the scheduling list should start preparing as we expect OFCCP to begin their audits of listed establishments soon.  Once initiated, a contractor only has […]

07 June 2024

“Reporting Company” Exceptions in the Corporate Transparency Act

This alert expands on the exemptions to the definition of a “Reporting Company” which effectively removes an entity from compliance obligations. By way of background, there are 23 exemptions from an entity being classified as a Reporting Company.  The exemptions are mainly focused on companies that are  publicly traded; highly regulated by some government body […]

13 May 2024

The U.S. Drug Enforcement Administration Poised To Reclassify Cannabis

The U.S. Drug Enforcement Administration (“DEA”) is poised to reclassify cannabis on the Federal Schedule of Controlled Substances from a Schedule I to Schedule III substance. For more than 50 years, cannabis has been erroneously classified as Schedule I, defined as lacking accepted medical use and posing high risks of addiction and abuse. Rescheduling is […]

10 May 2024

New HSA/HDHP Limits for 2025

The IRS has announced the inflation-adjusted limits for health savings accounts and high deductible health plans for 2025.  The annual contribution limits, HDHP minimum deductibles, and HDHP maximum out-of-pocket limits will be increasing.  The additional annual catch-up contribution limit (for account holders age 55 and older) will remain the same.  Below is a summary: If […]

07 May 2024

OFCCP Provides First-Ever Guidance for Federal Contractors Using AI

At the direction of the Biden administration, last week the Office of Federal Contract Compliance Programs (OFCCP) released its first-ever guidance regarding “nondiscrimination in hiring involving AI and other technology-based hiring systems.”  This guidance comes shortly after the OFCCP joined several other federal agencies in releasing a joint statement expressing a commitment to protecting the […]

24 April 2024

U.S. Department of Labor Enacts New Overtime Rule

On April 23, the U.S. Department of Labor released its final rule significantly increasing the salary threshold used to determine whether a worker is exempt from overtime pay. The new overtime rule’s initial threshold increase is slated to go into effect July 1, at which time the threshold will increase from $684 per week ($35,568 per year) […]

24 April 2024

FTC Bans Non-Competes (For Now)

On April 23, the Federal Trade Commission published a final rule banning the enforcement of most non-compete agreements.  The rule does not take effect immediately.  It goes into effect in four months, and it is already subject to legal challenges that are being filed to stop the rule from going into effect.  Nevertheless, it is […]