Equity Crowdfunding’s First Report Card

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DiMuroGinsberg attorney, Kendall Almerico, is considered to be one of the top crowdfunding and JOBS Act attorneys in the country. In an article published by Entrepreneur magazine, Kendall reports on the first three months of the recently passed Title III of the JOBS Act and offers encouraging news for entrepreneurs and companies needing to grow their businesses. Title III legalized true equity crowdfunding, allowing startups to raise up to $1 million in capital online, from the general public.

“The early report card is encouraging for Title III and it appears that the law will be a success despite the legal limitations it imposes. If we can just get Congress to fix those remaining issues with the law, most notably removing the unnecessary marketing restrictions, Regulation CF has a chance to fulfill its original promise.”

Read Kendall’s article here.

Kendall’s practice is focused on crowdfunding law, and particularly on equity crowdfunding through Regulation A+, Regulation CF and Regulation D, Section 506(c) private placements under the JOBS Act. If you have any questions about equity crowdfunding or the new law, feel free to reach out to Kendall at KAlmerico@DiMuro.com or call him at 703.684.4333.

The Need for Police Training To Deal With Disabled Individuals

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The recent fatal shooting of a deaf man in North Carolina highlights the critical need for police departments to train their officers on how to communicate with persons who are deaf or hard of hearing, or may have other types of disabilities that interfere with effective communication. An article discussing the tragic incident entitled, “Fatal Shooting of Deaf Man Raises Concerns About Police Training,” appears on the Society for Human Resource Management’s website.

The article quotes DiMuroGinsberg partner, Jonathan R. Mook, about the importance of police departments understanding the needs of persons with disabilities and taking steps to ensure that law enforcement officers are prepared to appropriately deal with individuals who are disabled. According to Jonathan, “in many situations, a tragic outcome could have been prevented if a police officer had received and took to heart training on how to deal with persons with various types of disabilities.”

Click here for full article.

Federal Contractor Pays $500K to Settle OFCCP Claims

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A half-million dollar settlement against a large Virginia employer serves to remind all Virginia federal contractors of the enforcement powers of the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (“OFCCP”), which regulates the employment practices of government contractors.

An article discussing the OFCCP’s recent enforcement action, entitled “OFCCP Settles Race Bias Claims Against Virginia Contractor for $500K,” appears in the August, 2016 issue of the Virginia Employment Law Letter. Jayna’s article highlights the need for all federal contractors to take their non-discrimination obligations seriously. This especially is the case given the OFCCP’s updated rules prohibiting sex discrimination in the workplace. Those rules took effect just last month. With these new sex discrimination regulations in force, federal contractors can expect to receive added scrutiny as part of any OFCCP compliance investigation.

Click here to read Jayna’s article