News & Insights

The Wyrick Robbins softball team won its 4th consecutive WCBA Softball championship in 2019.  The season culminated with a come from behind 14-9 win over their familiar opponent in the championship (at least 6 years running) – the Bad News Barristers, a team of solo and smaller firm practitioners. Th… READ MORE

On October 30, 2019, the Institutional Limited Partners Association (“ILPA”) released its first publicly available Model Limited Partnership Agreement (the “Model LPA”).[1]  The stated purpose of the Model LPA is to more closely align the interests of general partners and limited partner… READ MORE

Wyrick Robbins is pleased to announce that the firm has been selected by the Triangle Business Journal as a recipient of their ninth annual Healthiest Employers of the Triangle Award. The firm’s high score represents a dedication to the health of our employees, and commitment by firm leadership to ke… READ MORE

Wyrick Robbins proudly sponsored the Wake County Bar Association’s Bar Awards as 2019 Firm of the Year. The annual event, held Wednesday evening, October 23, is the WCBA Foundation’s largest charity event, featuring area law firms, judges, elected officials, non-profit organizations and educational insti… READ MORE

On September 26, 2019, the Securities and Exchange Commission, or the SEC, adopted a new rule, known as Rule 163B, to expand the “test-the-waters” communication accommodation to all issuers. Questions and answers regarding the new rule are below: What is meant by “test the waters?”  &l… READ MORE

Introduction The Securities and Exchange Commission (the “Commission”) originally released its Industry Guide 3, Statistical Disclosure by Bank Holding Companies (“Guide 3”) in 1976, and it has not been substantively revised since 1986.  In 2017, the Commission issued a request fo… READ MORE

  What is a Dual-Class Stock Structure? A dual-class stock structure basically means that a company has given disproportionate voting rights to one group of shareholders, typically its founders. In most companies, one share of stock equals one vote. But companies with dual-class structures give founders super… READ MORE

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