News & Events

  • May 19, 2016

    Client Alert: DOL Publishes Final Rule Revising FLSA Overtime Exemptions

    On May 18, 2016, the U.S. Department of Labor (“DOL”) published the final rule updating the overtime regulations (the “Final OT Rule”). 


    Click here to read the full alert.

  • May 18, 2016

    Inventergy Global, Inc. announced the closing of its Registered Direct offering of common stock and warrants for gross proceeds of approximately $1.3 million. EG&S acted as counsel to Inventergy.

  • May 16, 2016

    Northwest Biotherapeutics Inc. announced the closing of their Warrant Reprice offering in the amount of $4,235,293.  EG&S acted as counsel to the Placement Agent.

  • May 13, 2016

    Synthesis Energy Systems Inc. announced the closing of their At the Market facility in the amount of $20,000,000.  EG&S acted as counsel to the Placement Agent.

  • May 13, 2016

    Inventergy Global Inc. announced the closing of their PIPE offering in the amount of $369,000.  EG&S acted as counsel to the Company.

  • May 13, 2016

    iDisclose, announced today that several of the leading new Title III Crowdfunding funding portals at various stages in the SEC and FINRA approval process will be using iDisclose either on an exclusive basis or as a tool they can offer to assist issuers on their portals.

    Click here to read more

  • May 12, 2016

    Mankind Corporation announced the closing of their Registered Direct offering in the amount of $50,000,000.  EG&S acted as counsel to the Placement Agent.

  • May 11, 2016

    Sophiris Bio Inc. announced the closing of their Registered Direct offering in the amount of $5,000,000.  EG&S acted as counsel to the Placement Agent.

  • May 11, 2016

    James Landau, a member of the Firm, will be speaking on June 8, 2016 as part of a New York State Bar Association Panel on the collection and enforcement of money judgments.  Details can be found at the following link:

    http://www.nysba.org/store/events/registration.aspx?event=0EG67

  • May 10, 2016

    GenVec Inc. announced the closing of their Registered Direct offering in the amount of $5,000,000.  EG&S acted as counsel to the Placement Agent.

  • May 09, 2016

    Tearlab Corp. announced the closing of their Registered Direct offering in the amount of $17,250,000.  EG&S acted as counsel to the Placement Agent.

  • May 06, 2016

    Golden Minerals Company announced the closing of their Registered Direct offering in the amount of $4,000,000.  EG&S acted as counsel to the Placement Agent.

  • May 04, 2016

    Biocept Inc. announced the closing of their Registered Direct offering in the amount of $4,986,573.  EG&S acted as counsel to the Placement Agent.

  • April 27, 2016

    James Landau, a member of the Firm, will be participating in a panel discussion at the NYC Bar entitled Pitch Perfect and Beyond:  Finding Your Inner Rainmaker.  The event will be held at the City Bar, 42 West 44th Street on May 4, 2016 starting at 6:30 pm.

    For further details and to register, click on the link:

    http://services.nycbar.org/EventDetail?EventKey=CAM05016&WebsiteKey=f71e12f3-524e-4f8c-a5f7-0d16ce7b3314

  • April 25, 2016

    Jennifer Silverman, a member of the Firm, was invited by Exit Planning Exchange Philadelphia to speak on a panel titled "The Unique Challenges of Technology Company Exits."  The panelists discussed planning for an exit where a company's primary assets are technology and intellectual property. 

  • April 21, 2016

    Anthera Pharmaceuticals announced the closing of their At the Market facility in the amount of $25,000,000.  EG&S acted as counsel to the Placement Agent.

  • April 20, 2016

    Cellectar Biosciences, Inc. announced the closing of their Underwritten offering in the amount of $8,030,918.  EG&S acted as counsel to the Underwriter.

  • April 20, 2016

    Great Panther Silver Limited announced the closing of their At the Market facility in the amount of $10,000,000.  EG&S acted as counsel to the Placement Agent.

  • April 14, 2016

    EDAP TMS S.A. announced the closing of their Registered Direct offering in the amount of $11,491,494.  EG&S acted as counsel to the Placement Agent.

  • April 12, 2016

    Spiral Toys, Inc. announced the closing of their PIPE offering in the amount of $756,250.  EG&S acted as counsel to the Investor.

  • April 11, 2016

    Dragonwave Inc. announced the closing of their Registered Direct offering in the amount of $4,350,000.  EG&S acted as counsel to the Placement Agent.

  • April 11, 2016

    Nxt-ID, Inc. announced the closing of their convertible stock PIPE offering in the amount of $2,500,000.  EG&S acted as counsel to the placement agent.

  • April 08, 2016

    Integrity Applications, Inc. announced the closing of their convertible stock PIPE offering in the amount of $25,548,100.  EG&S served as counsel to the agent.

  • April 05, 2016

    Client Alert: Human Resources Directors May Be Held Personally Liable For FMLA Violations

    On March 17, 2016, the Second Circuit Court of Appeals held that the definition of “employer” under the Family Medical Leave Act (“FMLA”) may include an employee, such as a Director of Human Resources, who has the requisite amount of control over an employee’s terms and conditions of employment.  Click here to read more.

  • April 04, 2016

    Hennessy Capital Acquisition Corp. II (“HCAC”) and United Subcontractors, Inc. (“USI”) announced that they have entered into a definitive merger agreement, pursuant to which HCAC will acquire all of the outstanding capital stock of USI Senior Holdings, Inc., the indirect parent company of USI. In connection with the merger, HCAC will change its name to USI Holdings, Inc.  The transaction is valued at approximately $348.5 million.  EG&S acted as counsel to Hennessy.