Tag Archives: seek

Disclosure Simplification: SEC Referral Prompts FASB to Seek GAAP Tweaks

Last August, when the SEC adopted its disclosure simplification rules, it referred to FASB certain Reg S-X & S-K line items that overlapped with GAAP but called for incremental disclosure, and asked FASB to consider incorporating those additional disclosure requirements … Continue reading

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Two More States Seek to Establish Prescription Drug Importation Programs

By Serra J. Schlanger & Alan M. Kirschenbaum — Colorado and Florida have joined Vermont in the list of states seeking to combat high prescription drug prices by establishing programs to import drugs from Canada.  On April 29, 2019, the … Continue reading

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Ohio, Michigan legislators seek partisan-gerrymandering stays

At the end of March, the Supreme Court heard oral argument in two cases challenging federal congressional districts in North Carolina and Maryland as the product of unconstitutional partisan gerrymandering. A key question in both cases was whether courts should … Continue reading

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State Legislators Seek to Eliminate Driver Surcharges

Texas state legislators have introduced companion legislation in the state Senate and House to abolish the Driver Responsibility Program, which imposes significant driver surcharges related to traffic violations that drivers often cannot afford to pay. Drivers who fail to pay … Continue reading

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Plaintiffs Seek Class Action Status for Pension Overstatement Claims Against Northrop Grumman and Hewitt/Alight

An amended complaint filed March 29 in Bafford, et al. v. Northrop Grumman Corp., et al., alleges that Northrop Grumman and its outside administrator, Hewitt Associates LLC (now known as Alight Solutions LLC), violated federal and state law by persistently overstating … Continue reading

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