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Category: News & Press

McLaughlin and Stern Files Class Action Lawsuit Against Winthrop-University Hospital Association

Fri 7 December 2012 Press Releases

New York, NY — A class action lawsuit has been filed against Winthrop-University Hospital Association (“Winthrop”) in the Supreme Court of New York, Queens County, Index #23479/12, alleging that the hospital violated New York labor laws by routinely requiring patient care associates to work without proper compensation. The suit alleges […]

SEC Proposes Amendments to Allow Advertising and General Solicitations in Private Placements and Rule 144A Offerings

Mon 24 September 2012 News Releases

Summary: The SEC has proposed to amend Securities Act Rule 506’s private placement safe harbor to add Rule 506(c). The proposed rule would permit a second class of offering, where general solicitations and advertisements would be allowed provided that all of the purchasers were accredited investors, as defined in Rule […]