In May 2024, OlenderFeldman LLP notified its clients of the Federal Trade Commission’s (FTC) final rule banning nearly all non-competes and invalidating those non-competes below a senior executive level (“Non-Compete Rule”). This sweeping Non-Compete Rule has sparked legal challenges across the country, with federal lawsuits filed in Texas, Pennsylvania, and Florida seeking to block or…
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OlenderFeldman providing assistance with Beneficial Ownership Information Reporting
In light of the new obligation under the US Treasury Department's Financial Crimes Enforcement Network ("FinCEN") to report beneficial ownership Information ("BOI"), OlenderFeldman is offering assistance via its own BOI Platform. For more information, please click here: OlenderFeldman BOI Services. Thank you
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Just the FAQs (Frequently Asked Questions): DOL’s New Overtime Rule: Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees
The Federal Fair Labor Standards Act (“FLSA”) requires employers in the United States to pay all employees overtime pay of at least time and one-half the regular rate of pay for all hours worked over 40 hours in a workweek unless they are exempt from overtime pay. The U.S. Department of Labor (“USDOL”) periodically reviews…
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Just the FAQs (Frequently Asked Questions): FTC’s Final Rule on Invalidating Non-Competes (2024 Update)
Last year, OlenderFeldman LLP notified its clients of the Federal Trade Commission’s (FTC) Notice of Proposed Rulemaking, which it released on January 5, 2023, seeking to ban employers from enforcing or entering into employment agreements that contain restrictions or limitations on the ability of employees to compete following the end of an employment relationship, subject…
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