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Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP

Bipartisan Bill Introduced Allowing Investors to Receive Information Electronically

On February 29, 2024, Thom Tillis, R-N.C. and John Hickenlooper, D-Colo., introduced proposed legislation entitled “Improving Disclosure…

2 min readMay 6, 2024

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Bipartisan Bill Introduced Allowing Investors to Receive Information Electronically

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Faruqi & Faruqi, LLP

New York State Budget Provides for Paid Prenatal Personal Leave, First Law of Its Kind in U.S.

On April 20, 2024, Governor Hochul approved New York’s final budget for fiscal 2025, amending New York Labor Law § 196-b (the New York Paid…

2 min readMay 3, 2024

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New York State Budget Provides for Paid Prenatal Personal Leave, First Law of Its Kind in U.S.

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Faruqi & Faruqi, LLP

CBD Switch Up Leads to SCOTUS Review of RICO Suits

The United States Supreme Court agreed to hear arguments from three CBD Oil manufacturers who face a RICO suit filed by a consumer who was…

2 min readMay 3, 2024

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CBD Switch Up Leads to SCOTUS Review of RICO Suits

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Faruqi & Faruqi, LLP

U.S. Department of Labor Finalizes New Rule Increasing Overtime Salary Threshold

On April 23, 2024, the U.S. Department of Labor (“DOL”) released a final rule, raising the salary threshold for certain overtime exemptions…

2 min readMay 1, 2024

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U.S. Department of Labor Finalizes New Rule Increasing Overtime Salary Threshold

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Faruqi & Faruqi, LLP

Michigan Court Denies Fiat Chrysler’s Motion to Dismiss Claims that Company Failed to Include Shift…

On Friday, March 29, 2024, a federal court in Michigan denied Fiat Chrysler’s motion to dismiss a lawsuit alleging that the company failed…

2 min readApr 9, 2024

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Michigan Court Denies Fiat Chrysler’s Motion to Dismiss Claims that Company Failed to Include Shift…

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Faruqi & Faruqi, LLP

2nd Circuit Confirms Legitimate Non-Discriminatory Reason for Termination Does Not Necessarily Beat…

In Bart v. Golub Corporation, №23–238, 2024 WL 1281069 (2d Cir. March 26, 2024), the Second Circuit Court of Appeals provided additional…

3 min readApr 9, 2024

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2nd Circuit Confirms Legitimate Non-Discriminatory Reason for Termination Does Not Necessarily Beat…

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Faruqi & Faruqi, LLP

McDonald’s Workers Sue for Lack of Breaks and Private Space for Nursing, in Violation of PUMP Act

On February 14, 2024, McDonald’s workers Kathleen Faber and Lexis Mays brought a nationwide collective action against the company and its…

3 min readMar 25, 2024

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McDonald’s Workers Sue for Lack of Breaks and Private Space for Nursing, in Violation of PUMP Act

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Faruqi & Faruqi, LLP

SEC Announces Settled Charges Against Two Investment Advisers Regarding Their AI Claims

On March 18, 2024, the U.S. Securities and Exchange Commission (“SEC”) announced that it settled charges against two investment advisers…

3 min readMar 25, 2024

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SEC Announces Settled Charges Against Two Investment Advisers Regarding Their AI Claims

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Faruqi & Faruqi, LLP

SEC Adopts New Disclosure Rules Governing SPAC IPOs and De-Spac Transactions

The use of Special Purpose Acquisition Companies (“SPAC”)[1] for going public transactions (“IPOs”) has grown significantly over the last…

4 min readMar 21, 2024

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SEC Adopts New Disclosure Rules Governing SPAC IPOs and De-Spac Transactions

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Faruqi & Faruqi, LLP

New York State to Expand Protections for Freelance Workers

Employees possess a wide range of legal protections and benefits that freelancers, who work for themselves, do not. This often leaves…

2 min readMar 20, 2024

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New York State to Expand Protections for Freelance Workers

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Faruqi & Faruqi, LLP

Faruqi & Faruqi, LLP

At Faruqi & Faruqi, LLP we focus on Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action and Employment litigation.

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