News & Events

  • March 07, 2016

    Client Alert: EEOC Announces Intent to Require Pay Data from Employers

    Pay equity has become a hot-button issue of late.  Numerous laws purport to guarantee equal pay for equal work, but research suggests that there is lingering pay disparity across genders and races. In an effort to combat pay discrimination, the EEOC has recently announced that in 2017 it will require employers with 100 or more employees and federal contractors to provide the EEOC with information regarding employees’ pay. Click here to read the full alert.

  • March 03, 2016

    Northwest Biotherapeutics Inc. announced the closing of their Registered Direct offering in the amount of $10,000,000.  EG&S acted as counsel to the Placement Agent.

  • March 02, 2016

    Rexahn Pharmaceuticals, 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.

  • March 01, 2016

    Wizard World, Inc. announced the closing of their PIPE offering in the amount of $2,500,000.  EG&S acted as counsel to the Investor.

  • February 24, 2016

    Amarantus BioScience Holdings Inc. announced the closing of their Registered Direct offering in the amount of $3,000,000.  EG&S acted as counsel to the Investor.

  • February 22, 2016

    Client Alert:  Trieme Medical, LLC v. Angioscore, Inc.

    Recent federal circuit decision demonstrates the importance of having IP rights assigned for work prior to the effective date of consulting or employment agreements.  Click here to read the full alert.

  • February 19, 2016

    ActiveCare Inc. announced the closing of their Restructure and Exchange offering in the amount of $5,900,000.  EG&S acted as counsel to the Investor.

  • February 17, 2016

    Empire Resorts, Inc. announced the closing of their rights offering in the amount of $290,000,000.  EG&S acted as counsel to Empire.

  • February 16, 2016

    Mast Therapeutics Inc. announced the closing of their Underwritten offering in the amount of $7,520,000.  EG&S acted as counsel to the Underwriter.

  • February 10, 2016

    BioHiTech Global, Inc. announced the closing of their PIPE offering in the amount of $3,250,000.  EG&S acted as counsel to the placement agent. .

  • February 09, 2016

    China Ceramics Co., Ltd. announced the closing of their Registered Direct offering in the amount of $900,000.  EG&S acted as counsel to the Placement Agent.

  • February 04, 2016

    Cellular Biomedicine Group, Inc. announced the initial closing of a common stock PIPE offering in the amount of $5,000.000.  The offering has a potential aggregate closing of $43,130,000 on or before April 15, 2016.  EG&S acted as counsel to Cellular Biomedicine Group.

  • February 02, 2016

    Client Alert: NLRB Ruling Regarding Employer Policies Prohibits Recording in the Workplace.  Click here to read more.

  • January 29, 2016

    Legend Oil and Gas, Ltd. announced the closing of their PIPE offering in the amount of $1,439,400.  EG&S acted as counsel to the Investor.

  • January 21, 2016

    Bio America Inc. announced the closing of their Underwritten offering in the amount of $13,000,000.  EG&S acted as counsel to the Underwriter.

  • January 15, 2016

    Ellenoff Grossman & Schole LLP was ranked #1 for placement agent representation in PIPE transactions (by number of transactions) for Q4 of 2015.  We were the only law firm ranked in the top 5 for advising Placement Agents, Investors and Issuers. 

    Click here to view the rankings.

  • January 11, 2016

    Onconova Therapeutics Inc. announced the closing of their Registered Direct offering in the amount of $1,839,999.  EG&S acted as counsel to the Placement Agent.

  • January 08, 2016

    Transgenomic, Inc. announced the closing of their PIPE offering in the amount of $2,200,000.  EG&S acted as counsel to the Placement Agent.

  • January 08, 2016

    Client Alert: The change in minimum wage has dictated that all NY employers and many employers in other states change their employment postings.  Don’t forget to change your employment posters.  Please click here to see the notice from the Society For Human Resource Management.

  • January 07, 2016

    James Landau, a member of the Firm, was invited by Appellate Innovations to speak at thier fall CLE program on January 21, 2016.  The title of the program is: Federal Appellate Practice: The Rules & Beyond.  Click here to register.

  • January 05, 2016

    Client Alert: New York Strengthens Employee Protections
    On October 21, 2015, New York Governor Andrew Cuomo signed a spate of employment-related legislation into law.  Click here to read the changes that are effective January 19, 2016.

  • December 30, 2015

    United Energy Leasing, LLC, an affiliate of United Refining, Inc., entered into a seven-year $5M secured equipment loan with Investors Bank. EGS represented United in the transaction.

  • December 15, 2015

    In December 2015, Elephant Talk raised $1,275,000 in a private placement offering of up to $4.2 million where Dawson James Securities, Inc. acted as the placement agent.  EGS acted as counsel for Elephant Talk.

  • November 23, 2015

    Client Alert: DOL Delays Implementaion of Changes To The Overtime Exemptions
    As we have previously advised, the U.S. Department of Labor (“DOL”) has proposed regulations raising the minimum salary that must be paid to an employee in order for that employee to be considered exempt from the overtime pay requirements of the Fair Labor Standards Act (“FLSA”).  Click here to read more.

  • November 18, 2015

    Douglas Ellenoff, a member of the Firm, was quoted in Financier Worldwide Magazine in an artitle titled "SPAC for good?" 

    Click here to read the article.