Illinois Supreme Court Eliminates Another BIPA DefenseBy Joseph A. Strubbe, Brian W. Ledebuhr, & Zachary J. WattersFebruary 2022The Illinois Supreme Court rejects Illinois Workers’ Compensation Act pre-emption as a defense to Biometric Information Privacy Act actions by employees for statutory damages.
SEC Defeats Motion to Dismiss Insider Trading Complaint Alleging Novel ‘Shadow Trading’ TheoryBy Jonathan E. Richman & Julia D. AlonzoFebruary 2022The SEC prevailed on a motion to dismiss a closely watched lawsuit alleging that the defendant had engaged in insider trading based on news about a not-yet-public corporate acquisition when he purchased securities of a company not involved in that deal.
Significant Pay Reporting Requirements to Take Effect in the New Year for Illinois EmployersBy Michelle Olson & Ryan ProbascoJanuary 2022Amendments to the Illinois Equal Pay Act require larger Illinois employers to apply for an equal pay registration certificate with the state. Employers are advised to act promptly to remedy any pay inequities in their workforce before their EPRC applications are due.