Worker Adjustment and Retraining Notification Act of 1988

Acutus Medical Announces Strategic Realignment of Resources and Corporate Restructuring

Retrieved on: 
Wednesday, November 8, 2023
Sale, AFIB, Government, Asset purchase agreement, EP, Hand, Electrophysiology, Worker Adjustment and Retraining Notification Act of 1988, Management, Video game, Cryptocurrency, Medtronic, Schoenoplectus acutus

CARLSBAD, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB), today announced a realignment of resources and corporate restructuring.

Key Points: 
  • CARLSBAD, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Acutus Medical, Inc. (“Acutus” or the “Company”) (Nasdaq: AFIB), today announced a realignment of resources and corporate restructuring.
  • Scott Huennekens, Chairman of Acutus, commented, “Following an extensive strategic review by the Company’s Board of Directors, we are taking the hard but necessary steps to streamline our operations.
  • Acutus has begun implementation of a corporate restructuring to realign resources to support the left-heart access distribution business, which will result in reducing the Company’s workforce by approximately 65%.
  • Post restructuring, Acutus will become a contract manufacturing business with the potential to generate positive cash flow over the next several years.

Paycor Partners With Onwards HR to Offer Automated Severance and Offboarding Compliance Capabilities

Retrieved on: 
Tuesday, June 6, 2023
Partnership, Employment, Onward, Senior, Education, Health, Worker Adjustment and Retraining Notification Act of 1988, Organization, Strategic partnership, Documentation, Risk, HR, Bias, HCM, Management, Paycor Stadium

ALPHARETTA, Ga., June 06, 2023 (GLOBE NEWSWIRE) -- Onwards HR , a leading workforce compliance platform used by HR, legal and finance teams for severance and offboarding management, announced a new partnership today with Paycor HCM, Inc. (Paycor).

Key Points: 
  • ALPHARETTA, Ga., June 06, 2023 (GLOBE NEWSWIRE) -- Onwards HR , a leading workforce compliance platform used by HR, legal and finance teams for severance and offboarding management, announced a new partnership today with Paycor HCM, Inc. (Paycor).
  • As part of the Paycor Marketplace, Paycor customers will have access to Onwards HR, a first-of-its-kind suite of solutions designed specifically to improve the employee separation process.
  • In addition to improving compliance, Onwards HR is the only offboarding solution that includes severance management, enabling severance pay calculations using real-time data.
  • This partnership with Onwards HR allows us to better assist organizations through the end of the employee lifecycle.”
    To learn more about Onwards HR in the Paycor Marketplace, please visit https://marketplace.paycor.com/products/onwards-hr .

3 Greenberg Traurig Shareholders Named to Crain's Chicago Business 2023 Notable Litigators and Trial Attorneys List

Retrieved on: 
Monday, March 13, 2023
Employment practices liability, University, Product liability, Citeras railway station, Crain's Chicago Business, Diversity, Worker Adjustment and Retraining Notification Act of 1988, LLP, Violence against women in Pakistan, Equity, Crain Communications, Left–right political spectrum, Lawyer, Violence, University of Miami School of Law, Woman, Fordyce, United Nations Convention Against Torture, Employment, Inclusion, Lawsuit, Torture, Pharmaceutical industry, Barbara Ostfeld

CHICAGO, March 13, 2023 /PRNewswire-PRWeb/ -- Francis A. Citera, Tiffany S. Fordyce, and Gregory E. Ostfeld, shareholders in global law firm Greenberg Traurig, LLP's Chicago office, were named 2023 Notable Litigators and Trial Attorneys by Crain's Chicago Business.

Key Points: 
  • Francis A. Citera, Tiffany S. Fordyce, and Gregory E. Ostfeld, shareholders in global law firm Greenberg Traurig, LLP's Chicago office, were named 2023 Notable Litigators and Trial Attorneys by Crain's Chicago Business.
  • CHICAGO, March 13, 2023 /PRNewswire-PRWeb/ -- Francis A. Citera , Tiffany S. Fordyce , and Gregory E. Ostfeld , shareholders in global law firm Greenberg Traurig, LLP 's Chicago office , were named 2023 Notable Litigators and Trial Attorneys by Crain's Chicago Business.
  • According to Crain's, the 2023 Notable Litigators and Trial Attorneys list is made up of more than 70 of the top practitioners in Chicago with major accomplishments in the courtroom who also devote time to pro bono work, community involvement, and professional organizations.
  • Fordyce is chair of Greenberg Traurig's Chicago Labor & Employment Practice and co-chair of the practice's Diversity, Equity and Inclusion group.

Three Greenberg Traurig Attorneys Named to 2022 Crain's Chicago Business 'Notable Women in Law' List

Retrieved on: 
Friday, September 2, 2022
Crain's Chicago Business, Cartier Women's Initiative Awards, Fordyce, LLP, Glass, NLJ, News, Euromoney, Center for Resource Solutions, Miller, Employment practices liability, Lawyer, Good Sports, Organization, Private law, Chicago metropolitan area, Employment, Risk management, AM, Center, BTI, Defense, Twitter, Trial balance, Worker Adjustment and Retraining Notification Act of 1988, Mentorship, Notability, Insurance, Woman

CHICAGO, Sept. 2, 2022 /PRNewswire-PRWeb/ -- Shareholders Tiffany S. Fordyce, Gretchen N. Miller, and Rita M. Alliss Powers from global law firm Greenberg Traurig, LLP's Chicago office were named to the Crain's Chicago Business 2022 "Notable Women in Law" list.

Key Points: 
  • Shareholders Tiffany S. Fordyce, Gretchen N. Miller, and Rita M. Alliss Powers from global law firm Greenberg Traurig, LLP's Chicago office were named to the Crain's Chicago Business 2022 "Notable Women in Law" list.
  • CHICAGO, Sept. 2, 2022 /PRNewswire-PRWeb/ -- Shareholders Tiffany S. Fordyce, Gretchen N. Miller, and Rita M. Alliss Powers from global law firm Greenberg Traurig, LLP 's Chicago office were named to the Crain's Chicago Business 2022 "Notable Women in Law" list.
  • About Greenberg Traurig's Women's Initiative: Greenberg Traurig is committed to its women lawyers' success, which includes a firmwide women's affinity group encompassing recruiting, retention, and business development.
  • Twitter: @GTLawWomen
    About Greenberg Traurig: Greenberg Traurig, LLP has more than 2500 attorneys in 43 locations in the United States, Europe, Latin America, Asia, and the Middle East.

With Companies Across the U.S. Announcing Layoffs, Wolters Kluwer Labor & Employment Expert Analyzes WARN Act Requirements in Each State

Retrieved on: 
Monday, August 22, 2022
Euronext, COVID-19, Technology, ADR Institute of Alberta, WKL, Solution, AEX, Accounting, District, WARN, Euronext Amsterdam, Compliance, Interview, ADR, Worker Adjustment and Retraining Notification Act of 1988, Risk, American, COVID, Employment, Income, Health insurance, Dietary supplement, Lease

NEW YORK, Aug. 22, 2022 /PRNewswire/ --

Key Points: 
  • What: Wolters Kluwer Legal & Regulatory U.S. labor and employment law analyst has provided guidance on the federal Worker Adjustment Retraining Notification (WARN) Act, outlining federal and state differences around coverage, notice, severance, and penalties.
  • Although the WARN Act pertains to these larger employers, several jurisdictions have plant closing and layoff requirements that apply to employers with fewer than 100 employees.
  • The WARN Act applies to public and private employers with at least 100 employees.
  • Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

Talis Biomedical Provides Business Update and Reports Second Quarter Financial Results

Retrieved on: 
Tuesday, August 2, 2022
Private Securities Litigation Reform Act, Worker Adjustment and Retraining Notification Act of 1988, Investment, GLOBE, Chlamydia trachomatis, U.S. Securities and Exchange Commission, Forward-looking statement, Research, Risk, Infection, COVID-19, Security (finance), COVID, Annual report, Growth, Neisseria gonorrhoeae, WARN, Emergency Use Authorization, Health equity, Medical device, Pharmaceutical industry, Risk management, Talis

In the second quarter, Talis continued to make progress on its ability to manufacture the Talis One system at scale.

Key Points: 
  • In the second quarter, Talis continued to make progress on its ability to manufacture the Talis One system at scale.
  • Revenue was $0.6 million for the second quarter of 2022, compared to $0.1 million for the same period in 2021.
  • Operating expenses were $26.5 million in the second quarter of 2022, compared to $64.5 million for the same period in 2021.
  • The company will host a live conference call and webcast to discuss the business update and financial results on Tuesday, August 2, 2022, at 4:30 PM ET / 1:30 PM PT.

UNITE HERE Local 11: Congress Questions $696 Billion in Paycheck Protection Program Loans Forgiven by the Small Business Administration Ahead of House Oversight Hearing

Retrieved on: 
Tuesday, March 22, 2022
Retail, Commercial Building & Real Estate, Construction & Property, Public Policy, Human Resources, Public Relations, Investor Relations, Labor, Communications, Lodging, Professional Services, Travel, Congressional News, Views, Public Policy, Government, Restaurant, Bar, REIT, Vacation, Linda, Letter, Congress, California Department of Justice, Paycheck Protection Program, Restaurant, University, SBA, UNITE, Worker Adjustment and Retraining Notification Act of 1988, Airport, Program, Westmont Hospitality Group, PPP, House, Industry, Finance, Justice, CARES Act, Group, The Labor Union, Public Citizen, COVID-19, Regulation, Department, Pharmaceutical industry, Health insurance, United Steelworkers, Americans

On March 16, UNITE HERE Local 11 submitted testimony at a House Small Business Administrations Small Business Oversight, Investigations and Regulations Committee hearing titled An Empirical Review of the Paycheck Protection Program.

Key Points: 
  • On March 16, UNITE HERE Local 11 submitted testimony at a House Small Business Administrations Small Business Oversight, Investigations and Regulations Committee hearing titled An Empirical Review of the Paycheck Protection Program.
  • According to data provided by the SBA, Westmont affiliates received $48 million through 44 PPP loans that were tied to approximately 5,300 jobs.
  • PPP borrowers must spend at least 60% of their loans on payroll costs in order to receive full loan forgiveness.
  • As of January 3, 2022, SBA had forgiven $9.7 billion of the $13.9 billion in PPP loans to hotels.

Acutus Medical Announces Restructuring and Preliminary, Unaudited Fourth Quarter and Full Year 2021 Revenue

Retrieved on: 
Wednesday, January 19, 2022
Forward-looking statement, Patient, Technology, Worker Adjustment and Retraining Notification Act of 1988, COVID-19, Arrhythmia, Growth, CEO, GLOBE, Government, Review, U.S. Securities and Exchange Commission, WARN, RIF, Company, Electrophysiology, Security (finance), AFIB, Coronavirus, Physician, Medical device, Pharmaceutical industry, Video game

These actions are expected to result in annualized operating expense savings of $23-25 million compared to 2021.

Key Points: 
  • These actions are expected to result in annualized operating expense savings of $23-25 million compared to 2021.
  • The Company expects fourth quarter 2021 revenues of approximately $4.2-4.4 million compared to $2.6 million in the fourth quarter of 2020.
  • Year-over-year growth in the fourth quarter and full year was driven by increased procedure volumes, new product adoption, and higher capital sales.
  • The Company will provide further details on its fourth quarter earnings call currently scheduled for March 10, 2022.

Outten & Golden Obtains Consent Decree and Monetary Relief in Wage Theft Case Against Work-Based "Recovery" Program

Retrieved on: 
Thursday, October 7, 2021
Worker Adjustment and Retraining Notification Act of 1988, Financial services, RCC, Air conditioning, Religion, Justice Center, Department, Substance abuse, Complaint, LGBTQ, Ableism, Program, Sex, Transgender, Plaintiff, Jennifer, Lawyer, Golden, Collective action, Housing, Discrimination, Georgia Department of Labor, Partnership, Overwork, Patient, Disability, Court, Employment, Gender identity, Insurance, Health insurance

The settlement and consent decree enforcing it follow Outten & Golden's recovery of $805,000 through settlements with the businesses that contracted with the recovery program.

Key Points: 
  • The settlement and consent decree enforcing it follow Outten & Golden's recovery of $805,000 through settlements with the businesses that contracted with the recovery program.
  • The businesses paid the program the wages that should have gone to its residents, the lawsuit alleged.
  • In 2019 and 2020, Plaintiffs recovered $805,000 through settlements with the businesses who contracted with the program.
  • Outten & Golden LLP focuses on advising and representing individuals in employment, partnership, and related workplace matters both domestically and internationally.

Class-Action Settlement Reached to Resolve University Pay Equity Allegations

Retrieved on: 
Friday, October 1, 2021
Partnership, LLP, Ableism, Sex, Employment, Syracuse, Lawyer, Multimedia, Transgender, Worker Adjustment and Retraining Notification Act of 1988, Faculty, Senior, Financial services, Collective action problem, Disability, University, Female, Lists of action films, Syracuse University, View, LGBTQ, Religion, Gender identity, Discrimination, Pharmaceutical industry, Insurance

NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Outten & Golden LLP and Syracuse University announced a class-action settlement to resolve allegations of compensation discrimination raised by five female faculty members.

Key Points: 
  • NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Outten & Golden LLP and Syracuse University announced a class-action settlement to resolve allegations of compensation discrimination raised by five female faculty members.
  • Under the settlement agreement, the University will pay $3,713,000 to resolve the claims.
  • This settlement does not represent an admission of any liability on the part of Syracuse University.
  • "We are pleased that Syracuse has agreed to resolve the claims, and the settlement will provide meaningful relief to our clients and other female faculty," said Deirdre A. Aaron of Outten & Golden.