SEC Issues First Charges for False Disclosures Concerning the COVID-19 Pandemic

While the COVID-19 pandemic has caused enormous challenges to public companies’ day-to-day operations, it has also introduced new complexities to their public disclosure obligations. As the Securities and Exchange Commission’s recent charges against a large restaurant chain make clear, regulators are monitoring public companies to ensure that they timely disclose material changes to operations and financial condition.

To read the full text of this Duane Morris Alert, please visit the firm website.

New Jersey Adopts CDC Guidelines for Inbound Travelers

Per New Jersey Department of Health guidelines posted on Friday, December 5, 2020, New Jersey is lowering the COVID-19 quarantine period that out-of-state travelers will need to observe. The new guidance, in line with CDC recommendations, reduces the number of quarantine days from 14 to 10 days.

To read the full text of this post by Duane Morris partner Brad Molotsky, please visit the Duane Morris Project Development/Infrastructure/P3 Blog.

Pennsylvania Adopts the CDC’s Recommended Options to Reduce Quarantine Period for Individuals Exposed to COVID-19

In another attempt to encourage Pennsylvanians to adhere to public health recommendations, on December 4, 2020, the Pennsylvania Department of Health (DOH) adopted the Centers for Disease Control and Prevention’s (CDC) recent recommendations to reduce the quarantine period for asymptomatic people exposed to COVID-19. Previously, the CDC and DOH generally recommended that asymptomatic individuals quarantine for 14 days after the date of last exposure.

To read the full text of this Duane Morris Alert, please visit the firm website.

California Issues Restrictive Regional Stay Home Order Tied to Hospital ICU Capacity

As COVID-19 cases escalate dramatically in California, health officials in the state announced a Regional Stay Home Order on December 3, 2020, intended to help flatten the rapidly rising curve and to assist hospitals in managing intensive care unit (ICU) capacity. The order severely restricts business activities, prohibits gatherings and requires masking and physical distancing. It modifies the state’s initial stay-at-home order issued by the governor in March and builds on the state’s Blueprint for a Safer Economy.

To read the full text of this Duane Morris Alert, please visit the firm website.

Delaware Governor Issues Stay-at-Home Advisory and Universal Indoor Mask Order

In the midst of a dangerous winter surge of COVID-19 cases and resulting hospitalizations in Delaware, Governor John Carney and the Delaware Division of Public Health announced a new stay-at-home advisory strongly recommending that all Delawareans avoid gathering indoors with anyone outside their household from December 14 through January 11.

To read the full text of this Duane Morris Alert, please visit the firm website.

 

CDC Advisory Committee Issues Recommendations for Initial COVID-19 Vaccine Prioritization

The afternoon of December 1, 2020, marked an important milestone in the fight against the coronavirus pandemic. The Centers for Disease Control and Prevention Advisory Committee on Immunization Practices (ACIP) voted 13-1 to approve recommendations to prioritize distribution of the initial doses of COVID-19 vaccines. ACIP took an unusual step, issuing the recommendations before the FDA issues emergency use approval (EUA) of any COVID-19 vaccines so that the recommendations could assist states in developing their own vaccine distribution plans.

To read the full text of this Duane Morris Alert, please visit the firm website.

Florida Industry Group Urges State to Limit Legal Liability for Florida Businesses

On November 30, 2020, the Associated Industries of Florida (AIF) released a 74-page report compiled by its Restore Economic Strength through Employment & Tourism (RESET) Task Force, highlighting a number policy proposals intended to help Florida’s economy “rebound from the effects of the coronavirus pandemic and any similar future economic slowdowns.”

To read the full text of this Duane Morris Alert, please visit the firm website.

Protecting Trade Secrets During Remote Work

The rapid transition to remote work in the spring of 2020 brought with it new risks for businesses managing their confidential information. Helpfully, existing trade secret law is designed to adapt to circumstances, and can cover the transition to remote work. For proprietary information to continent to qualify as a trade secret, the plaintiff must show that it took “reasonable measures” under the circumstances to protect the secrecy of the information.

To read the full text of this post by Duane Morris partner Gregory Bombard, please visit the Duane Morris Non-Compete & Trade Secrets Law Blog.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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