Posts
May 28 2025
Client Alert: 2024 EEO-1 Reporting Portal Now Open & Deadline Approaching
The U.S. Equal Employment Opportunity Commission (EEOC) has officially opened the 2024 EEO-1 Component 1 reporting portal. Employers subject to EEO-1 reporting obligations must submit the required employee demographic data by June 24, 2025, at 11:00 PM Eastern Time.
Click here to read the alert.
May 27 2025
Client Alert: July 2025 Minimum Wage Increases
Beginning on July 1, 2025, employers in many states and localities, including California, Illinois, and Washington D.C. must prepare for scheduled minimum wage increases. Read our client alert and note the new minimum wage, tip credit and overtime rates.
Click here to read the alert.
May 16 2025
Steven Nevolis, a member of the Firm, wrote an article for Total Food Service titled: “New York State of Mind: Workers’ Compensation Law Expanded to Include Mental Health Injuries.” In the article, Steven discusses the recent expansion of New York’s workers’ compensation coverage, which now includes mental health injuries stemming from extraordinary work-related stress.
Click here to read the article.
May 15 2025
Silo Pharma, Inc. announced the closing of its public offering in the amount of $2,000,000. EGS acted as counsel to the placement agent.
May 15 2025
GCT Semiconductor Holding, Inc. announced the closing of its registered direct offering in the amount of $11,000,000. EGS acted as counsel to the placement agent.
May 13 2025
IT Tech Packaging, Inc. announced the closing of its public offering in the amount of $1,400,000. EGS acted as counsel to the placement agent.
May 13 2025
Client Alert: 2025 Budget Leads to Major Changes in Frequency of Pay Damages
In recent years, New York employers have faced significant lawsuits brought under the New York Labor Law (“NYLL”) by “manual workers” seeking large sums in damages if they were not paid on a weekly basis, even if the worker had been paid their wages in full. The 2025 New York State Budget amends the NYLL, providing employers with long-awaited relief from these claims. The amendment to the NYLL, which was signed into law by Governor Hochul, modifies the damages provisions for frequency of pay violations.
Click here to read the alert.
May 12 2025
Gryphon Digital Mining, Inc. announced the signing of a definitive merger agreement with American Bitcoin Corp., a company focused on Bitcoin mining and strategic Bitcoin reserve development. EGS acted as counsel to American Bitcoin Corp.