News & Insights

On September 3, 2019, the FTC announced proposed settlements with five companies that falsely claimed to participate in the EU-US Privacy Shield framework (“Privacy Shield”).  As in several past enforcement actions, most of the companies falsely claimed they participated in Privacy Shield, when in f… READ MORE

Effective October 1, 2019, the first day of the SEC’s 2020 fiscal year, the applicable filing fees that public companies and other issuers will pay to the SEC will increase from $121.20 per million dollars of securities to $129.80 per million dollars of securities.  This fee rate adjustment applies to the… READ MORE

Pursuant to Title VII of the Civil Rights Act of 1964, private employers with 100 or more employees and certain government contractors are required to submit annual EEO-1 Reports to the Equal Employment Opportunity Commission (the “EEOC”).  Historically, the EEO-1 Report required employers only to l… READ MORE

Weeks after the FTC fined Facebook $5 billion and the company entered a $100 million settlement with the SEC, Facebook has once again made significant privacy law news—this time on the other side of the Atlantic. On July 29, the Court of Justice of the European Union (CJEU) issued a significant opinion in the… READ MORE

Wyrick Robbins was proud to work with seven outstanding summer associates this year. Our Summer Associate Program provides law students with an opportunity to experience firsthand how we partner with our clients to accomplish their goals. Each summer associate, together with his or her mentors, h… READ MORE

RALEIGH, NC – Wyrick Robbins is pleased to announce that two partners were named Raleigh’s 2020 “Lawyer of the Year” for their respective practice areas by Best Lawyers®. “Lawyer of the Year” Christopher Lynch - Mergers and Acquisitions Law Kenneth E… READ MORE

The Federal Trade Commission’s historic $5 billion civil penalty against Facebook for the Cambridge Analytica scandal has been the subject of intense coverage in the legal and mainstream media in recent weeks. But on the same day the FTC action was announced, Facebook also agreed to pay $100 million to settle … READ MORE

What is Franchise Tax? A franchise tax is a government tax charged by states to businesses organized in that state. A state charges companies for the privilege of doing business in that state. Simple, right? It’s not! Different states calculate the tax you owe using different methods. Many startups are incor… READ MORE

We regularly receive questions from clients about qualified small business (“QSB”) stock.  Some of our startup or early-stage clients encounter QSB stock in the context of an equity financing when investors request QSB stock representations and warranties in a stock purchase agreement.  The Nat… READ MORE

Much ink has been spilled in the last few weeks over the recently-enacted Nevada consumer privacy law (SB 220) that permits consumers to opt out of the sale of their personal information. Much of that commentary, however, oversells the impact of SB 220 by underselling the most important part: The opt-out right only … READ MORE