Daniel Novak

Daniel Novak

November 22, 2024 | National Law Journal

UPS Agrees to $45M Settlement With SEC Over Valuation Claim

The U.S. Securities and Exchange Commission accused the shipping company of failing to follow generally accepted accounting principles and “materially misrepresenting its earnings” while valuing its freight business in preparation for a sale.

By Daniel Novak

2 minute read

November 21, 2024 | National Law Journal

Biden Has Few Ways to Protect His Environmental Legacy, Say Lawyers, Advocates

“If you can't block repeal, you can at least add more speed bumps," said Berkeley School of Law professor Daniel Farber.

By Daniel Novak

3 minute read

November 19, 2024 | National Law Journal

Senators Grill Visa, Mastercard Execs on Alleged Anticompetitive Practices, Fees

The proposed Credit Card Competition Act seeks to foster competition in what the bill's sponsor calls the credit card “duopoly” in which Visa and Mastercard control 80% of the market.

By Daniel Novak

4 minute read

November 14, 2024 | National Law Journal

Gensler Defends Work at SEC in What Sounds Like Farewell

Securities and Exchange Commission Chair Gary Gensler touches on controversial cryptocurrency and climate disclosure regulations in likely valedictory speech.

By Daniel Novak

3 minute read

November 12, 2024 | National Law Journal

Trump's Selection of Zeldin to Head EPA Draws Surprise, Little Hope of Avoiding Deregulation

Even if Lee Zeldin “were a mild supporter of climate change activity, Trump's opposition to climate change regulation is so strong and so well known that I doubt that Zeldin would get him to move off of his opposition,” said environmental law professor Robert Glicksman.

By Daniel Novak

3 minute read