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What to Expect from the Texas Legislature in 2017

What to Expect from the Texas Legislature in 2017

The Texas Legislature's 85th Regular Session poses new and old challenges. The Texas House has 22 freshman members. The Senate has three fresh faces. The House also has eight vacant…

Yogurt CEO Settles SEC Charges of Immigrant Investor Program Abuse

Yogurt CEO Settles SEC Charges of Immigrant Investor Program Abuse

The SEC’s Fort Worth Office charged Fsmoothie and yogurt franchises operator Adam Ogden with wrongly using investor funding intended to create jobs through the EB-5 Immigrant Investor Program. Juiceblendz and…

SEC Slaps SandRidge Energy for $1.4 Million for Illegal Retaliation Against Whistleblower

SEC Slaps SandRidge Energy for $1.4 Million for Illegal Retaliation Against Whistleblower

© 2016 The Texas Lawbook. By Mark Curriden (Dec. 20) – Oklahoma City-based SandRidge Energy Inc. has agreed to pay a $1.4 million fine after the U.S. Securities and Exchange…

Derailing the Obama Workplace Agenda: Texas Federal Courts and the Incoming Administration

Derailing the Obama Workplace Agenda: Texas Federal Courts and the Incoming Administration

The injunction issued Nov. 22 against the Department of Labor’s new overtime rule is potentially far-reaching, and a Republican-controlled government makes it conceivable that salary thresholds for white-collar exemptions to…

NOV Pays $25 Million over Alleged Trade Sanctions Violations

Federal prosecutors in Houston have officially agreed to allow National Oilwell Varco to avoid criminal and civil prosecution for dozens of trade sanction violations the Houston-based oil and gas driller…

Election Day and Political Speech: What Texas Employers Need to Know

Election Day and Political Speech: What Texas Employers Need to Know

Texas employers have special obligations under state and federal law when it comes to workers’ voting and political speech rights. Violations can carry serious criminal penalties and even draw the…

Texas AG Paxton Seeks Dismissal of SEC Charges

Texas Attorney General Ken Paxton asked a federal judge to dismiss recent charges of securities fraud filed against their client by the U.S. Securities and Exchange Commission. In court documents…

Southlake Resources & Execs Pay $5.4 million in Securities Fraud Case

Southlake Resources & Execs Pay $5.4 million in Securities Fraud Case

The SEC's Fort Worth office announced Tuesday that it has charged a North Texas oil and gas company and two of its senior officials with violating federal securities laws. Southlake…

SEC Refiles Securities Fraud Charges Against Texas AG Paxton

SEC Refiles Securities Fraud Charges Against Texas AG Paxton

The U.S. Securities and Exchange Commission filed new, amended charges Friday afternoon accusing Texas Attorney General Ken Paxton of securities fraud. …

SEC: Alternative Fuels Company in Texas and Ex-CEO Gave Incomplete Info to Investors

SEC: Alternative Fuels Company in Texas and Ex-CEO Gave Incomplete Info to Investors

The U.S. Securities and Exchange Commission announced Tuesday that it has charged and settled allegations that a Pasadena, Texas-based bio fuels company and its former chief executive officer failed to…

SEC Hits Oil Services Firm Again for Deceptive Practices

SEC Hits Oil Services Firm Again for Deceptive Practices

For the second time in three years, the U.S. Securities and Exchange Commission has nailed oil services company Weatherford International, which has substantial operations in Houston, with illegal busiess practices.…

SEC Takes Aim at Anti-Whistleblower Employment Agreements

SEC Takes Aim at Anti-Whistleblower Employment Agreements

Considering the SEC’s enforcement activities have generally lagged from last year’s record numbers, the Commission’s new focus may give company counsel a strong incentive to reevaluate any confidentiality provisions that…

On UNT Accreditation Challenge, is the Real Problem the ABA?

On UNT Accreditation Challenge, is the Real Problem the ABA?

Earlier this summer, an ABA committee recommended that the ABA not grant UNT provisional accreditation after determining that the school admits too many students with weak grades and low LSAT…

Chief Justice Hecht Favors UNT Law Grads Taking State Bar

Chief Justice Hecht Favors UNT Law Grads Taking State Bar

Texas’s highest ranking judge said he supports UNT Dallas College of Law’s first class of graduating students taking the Texas bar exam next July – even if the American Bar…

Trade Secrets in Texas: Is Adoption of the “Inevitable Disclosure” Doctrine… Inevitable?

Trade Secrets in Texas: Is Adoption of the “Inevitable Disclosure” Doctrine… Inevitable?

Texas courts have never expressly adopted the “inevitable disclosure” doctrine, which allows a business to enjoin a competitor from hiring a former employee if the new position is so similar…

Brexit – The Morning After the Night Before…

Brexit – The Morning After the Night Before…

We now know what the eye of a storm feels like… Cameron resigns and will be gone in October; Sterling fell 10 % and is slowly picking itself up off…

Updated – Lawyer: Breitling Energy CEO & ‘Frack Master’ Chris Faulkner ‘Denies Emphatically’ SEC Allegations of Fraud

Updated – Lawyer: Breitling Energy CEO & ‘Frack Master’ Chris Faulkner ‘Denies Emphatically’ SEC Allegations of Fraud

The SEC charged Dallas-based Breitling Energy Corp. and its CEO, “Frack Master” Chris Faulkner, of fraudulently spending tens-of-millions of dollars of investors money on lavish meals, expensive cars, strippers and…

Beck Redden, Lane Law Firm Win a Victory for Texas Homeowners

Beck Redden, Lane Law Firm Win a Victory for Texas Homeowners

This ruling provides a crucial shield for the roughly 15 percent of Texas homeowners who take out home equity loans.…

New Federal Overtime Pay Rules Will Impact More Workers in Texas Than Any Other State

New Federal Overtime Pay Rules Will Impact More Workers in Texas Than Any Other State

The U.S. Department of Labor recently finalized its controversial changes to federal overtime pay exemption rules under the Fair Labor Standards Act (FLSA). These changes are expected to affect approximately…

Physician Investments – Make it Rain or Wear a Ball and Chain?

Physician Investments – Make it Rain or Wear a Ball and Chain?

RXpress, a Fort Worth compounding pharmacy facing federal scrutiny, is a cautionary tale of the intersection of physician investment opportunities, the deterioration of relationships and the significant danger when prudent…

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