Henry Nelson Massey, chair of Day Pitney's Private Companies and Emerging Companies and Venture Finance practice groups, and Corporate and Business Law attorney Megan Tlusty co-author a February 5th article for Law360 that surveys the new data mining landscape and its implications for financial services firms. Technological advances now allow access to unprecedented amounts of consumer, competitor and industry data for analysis and interpretation, and financial services firms stand to benefit from the information. While data mining has long been practiced, Hank and Megan write that with its increased use and scope companies that do not "exercise reasonable precautions to protect sensitive information may violate specialized financial confidentiality laws or medical privacy laws." Financial firms "should establish controls and surveillance to address potential insider trading, privacy and other risks" in what is an increasingly regulated environment.
On April 28, David Swerdloff will speak at a CitrinCooperman event "Preparing Your Business for Sale- The Time is Now," at the Fairview Country Club in Greenwich, Connecticut.
Eliza Fromberg was quoted in an article, "JOBS Act's Lift Of Ad Ban Gains Traction With Small Cos.," in Law360. The article is about how the Jumpstart Our Business Startups Act's lifting of advertising bans for certain private placements is finally beginning to gain traction with issuers. Fromberg says she expects 506(c) offerings to pick up as methods of verifying accredited investors become more standard and the use of Internet platforms, which allow smaller companies to bypass intermediaries, become more accepted.
Stamford, Conn., August 24, 2015 - Day Pitney is pleased to announce that 68 attorneys have been selected for inclusion in the 2016 Best Lawyers in America. Best Lawyers ranks lawyers through peer-review surveys, and has been published annually since 1983.