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F-1 Students Seeking OPT Can Now File Form I-765 Online

May 13, 2021

USCIS announced that F-1 students seeking optional practical training can now file Form I-765, Application for Employment Authorization, online if they are filing under one of several categories.

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Attorneys, AILA Sue State Department for Unlawfully Refusing to Issue Visas Due to Certain Travel Bans

May 13, 2021

Attorneys Jeff Joseph of Joseph and Hall PC, Charles Kuck of Kuck Baxter Immigration LLC, and Greg Siskind of Siskind Susser PC, along with the American Immigration Lawyers Association, filed a complaint on behalf of scores of plaintiffs against the Department of State and Secretary Antony Blinken.

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OFLC Announces New Application for Prevailing Wage Determination

May 13, 2021

The Department of Labor’s Office of Foreign Labor Certification revised its Form ETA-9141, Application for Prevailing Wage Determination, for use beginning May 3, 2021.

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CBP Reminds Carriers of LPR Boarding Policy

May 13, 2021

U.S. Customs and Border Protection issued guidance on March 5, 2021, for its Carrier Liaison Program on the current policy for boarding of lawful permanent residents.

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Tax Issues in Mergers & Acquisitions—A Roadmap

May 12, 2021

The process that organizations go through during the preparation, deal, and integration phases of an M&A transaction are fraught with tax issues. Learn how Fredrikson & Byron can help.

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Gary Gensler Sworn in as Chair of the SEC

May 5, 2021

On April 17, 2021, Gary Gensler was sworn in as Chair of the SEC. Mr. Gensler was nominated by President Biden on February 3, 2021, and confirmed by the U.S. Senate on April 14, 2021, by a 53-45 vote.

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‘Universal Proxy’ is Back on the SEC’s Agenda

May 5, 2021

On April 16, 2021, the SEC announced that it had voted to reopen the comment period on the so-called universal proxy rule, which has languished at the SEC since its initial proposal in 2016.

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SEC Enforcement Actions Target Companies for Hiding Upcoming Restatements When Seeking Additional Time to File Periodic Reports

May 5, 2021

On April 29, 2021, the SEC announced settled charges against eight companies for failing to disclose in Form 12b-25 filings that their request to file a delayed quarterly or annual report was caused by an anticipated restatement or correction of prior financial reporting.

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Notable Whistleblower Award, Departing Chief of SEC’s Whistleblower Office Reflects on Program

May 5, 2021

On April 15, 2021, the SEC announced an award of over $50 million to joint whistleblowers who alerted the agency to securities law violations involving highly complex transactions that would have been difficult for the SEC to detect on its own.

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Report Finds Heavy Use of Non-GAAP Financial Measures During Pandemic

May 5, 2021

Public companies have relied heavily on the use of non-GAAP financial measures throughout the COVID-19 pandemic, according to a recent MarketWatch article.

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