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Featured News & Insights
Selling Digital Goods in California? The Risks and Rules Companies Need to Know
Most consumers have had the experience of “buying” a digital product, such as music, a movie, an ebook, or a video game, only to learn later that what they received was not ownership of the product but a revocable license with restrictions.
Stradling Secures Rare PSLRA Sanctions Order in Securities Fraud Case
Stradling successfully obtained a rare sanctions order on behalf of Harbor Diversified, Inc. and its senior executives in a securities fraud action in the U.S. District Court for the Eastern District of Wisconsin. The Stradling team successfully moved to dismiss the operative complaint, and then convinced the Court that the initial complaint was so defective as to warrant sanctions under Rule 11. The Court ordered plaintiff’s counsel to reimburse Harbor for the fees and costs incurred in responding to the defective complaint. Stradling partner Jason de Bretteville led the defense team.
New “California Workplace – Know Your Rights” Model Notice Published by Labor Commissioner
The Labor Commissioner has published a model California Workplace “Know Your Rights” Notice pursuant to Senate Bill 294. The new law requires employers in California to provide a stand-alone written notice of worker rights to each new employee when hired, and annually to all current employees, and introduced new rules related to employee arrests or detentions.
Stradling Prevails at California Supreme Court in Pension Obligation Bond Challenge
Stradling prevailed at the California Supreme Court, successfully validating the City of San José’s legal authority to issue up to $3.5 billion in proposed pension obligation bonds to address the unfunded liabilities in its Retirement Systems. The Court issued a unanimous opinion holding that the City’s unfunded liability represents an obligation imposed by law and that the California Constitutional Debt Limit does not constrain the City’s discretion in deciding whether or not to issue pension obligation bonds to address its obligation to fund the Retirement System.