New Requirements, Tips and Traps for Large Employers
November 10, 2021
Complimentary Webinar
1-2 p.m. (ET) | 12-1 p.m. (CT) | 10-11 a.m. (PT)

REGISTER NOW

On Nov. 4, 2021, the Occupational Safety and Health Administration (OSHA) issued an Emergency Temporary Standard (ETS) requiring employees of large employers either to get vaccinated or to test negative on a weekly basis. The ETS also requires large employers to provide employees with paid leave to get vaccinated and recover from vaccinations, and unvaccinated employees to wear a mask at work.

GI Partners and TA Associates have recapitalized Rectangle Health, according to a news release.

Rectangle Health, based in Valhalla, N.Y., is a provider of healthcare financial technology and patient engagement solutions. Founded in 1993, the company provides solutions to hospitals, physician practices, insurance groups and billing services.

GI Partners, based in San…

Marfleet v. Hardin, et al. was filed in the Western District of Tennessee on October 20, 2021. The complaint alleges Defendants operated a nationwide real estate Ponzi scheme that defrauded investors by falsely promising “secured” real estate investments and above-market rates of return in exchange for capital.

Plaintiff Barry Marfleet (“Plaintiff”) is an individual investor. Defendants are James Hardin and his two companies, Defendant Hardin Enterprises Inc. and Defendant MRH Holdings, LLC, (collectively “Defendants”).

RELATED UPDATE: New DOJ Guidance on Corporate Criminal Enforcement (9/16/2022)

On October 28th, Deputy Attorney General Lisa Monaco announced that the U.S. Department of Justice (DOJ or Department) is renewing its focus on white collar crime and enforcement, in remarks delivered during the American Bar Association’s 36th National Institute on White Collar Crime. Deputy Attorney General Monaco made clear that the Department is significantly enhancing its efforts to deter white collar crime and promote corporate responsibility and compliance—stating that the government will “surge resources” to its prosecutors in support of these efforts.

Deputy Attorney General Monaco highlighted three new DOJ initiatives aimed at achieving these ends. First, she announced the Department will restore guidance originally adopted in 2015, which requires that companies wishing to receive cooperation credit in DOJ investigations disclose all non-privileged information related to all individuals involved in corporate misconduct. This policy—known as the “Yates Memo,” after its author, former Deputy Attorney General Sally Yates—was modified during the Trump Administration to permit companies to limit their disclosures only to individuals “substantially involved” in misconduct. Deputy Attorney General Monaco explained that, by reinstating the Yates Memo, the Department aimed to provide clarity about its expectations, and to prevent companies from exercising excessive discretion over which facts to disclose to the government, and which individuals to make available to prosecutors.

BayPine has announced it will acquire Pinnacle Dermatology.

Pinnacle Dermatology, based in Brentwood, Tenn., is a dermatology management services organization supporting 87 clinics across 11 states. Its affiliated clinical practices include board-certified dermatologists, Mohs and plastic surgeons, physician assistants and nurse practitioners.

BayPine, based in Boston and founded in 2020, is a private…

Wellspring Capital Management has acquired Caring Brands International from Levine Leichtman Capital Partners, according to this news release and this news release.

Caring Brands, based in Sunrise, Fla., is a global franchisor of home healthcare services. The company operates under three brands, with Interim HealthCare as its U.S. brand. Founded in 1966, Caring Brands…

LLR Partners has announced it has completed a growth investment in Genesee Scientific Corp.

Genesee Scientific, based in San Diego, is a manufacturer and distributor of products to life science markets. Founded in 1995, the company provides consumables and equipment to the academic and biotech markets.

LLR Partners, based in Philadelphia, invests in…

Global expansion without adequate controls is asking for trouble. That’s the lesson of a $19 million settlement between WPP, the world’s largest advertising agency, and the U.S. Securities and Exchange Commission (SEC) to resolve alleged violations of the Foreign Corrupt Practices Act (FCPA).

According to an SEC order memorializing the settlement, WPP’s trouble began when…