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Healthcare Compliance
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Trade & Procurement
Recent changes
Secretary Rollins Op-ed Praising American Farmers and Rural America
USDA Secretary Brooke Rollins published an op-ed in Agri-Pulse emphasizing the essential role of farmers, ranchers, and rural communities in powering the nation. The piece highlights that American agriculture supports nearly 49 million jobs and generates over $10.4 trillion in economic activity. The op-ed references the administration's support for rural America, including increased reference prices and $12 billion in farmer bridge payments.
Shareholder Representative Services LLC v. Sphera Solutions, Inc. - Motion to Dismiss Ruling
The Delaware Court of Chancery denied Sphera Solutions' motion to dismiss the fraud count in Shareholder Representative Services' complaint arising from a $50 million merger, allowing fraud claims based on alleged misrepresentations during merger negotiations to proceed. The Court granted the motion on the breach of contract count related to fee-shifting provisions.
Young Women's Christian Association of Rochester and Monroe County v. Hatteras Funds, LP - Rule 23.1 Motion
The Delaware Court of Chancery issued an opinion denying a Rule 23.1 motion in the derivative action brought by the Young Women's Christian Association of Rochester and Monroe County against Hatteras Funds, LP and related defendants. The case involves a master-feeder fund structure where the plaintiff alleged breaches of fiduciary duty by investment managers, including claims related to a 25% diversification policy. The opinion addresses the sufficiency of the demand futility allegations under Delaware's heightened pleading standard for derivative claims.
Goldman Sachs Derivative Settlement Affirmed
The Delaware Supreme Court affirmed the Court of Chancery's approval of a third derivative settlement on behalf of The Goldman Sachs Group, Inc. and the award of fees to Plaintiff Shiva Stein and Objector Sean J. Griffith. The affirmance relies on the February 27, 2024 Memorandum Opinion approving the Third Settlement and the August 11, 2025 Letter Opinion awarding fees. This concludes the shareholder derivative action C.A. No. 2017-0354.
Idaho County Population Growth 2025
The Idaho Department of Labor released U.S. Census Bureau population estimates showing 36 of Idaho's 44 counties (80%) experienced population growth in 2025. Five urban counties—Ada, Canyon, Kootenai, Bonneville, and Twin Falls—each added at least 1,000 new residents, with Ada leading at over 10,000 new residents.
E-Rate Program Debarment - Simon Goldbrener
The FCC Enforcement Bureau has debarred Simon Goldbrener from the E-Rate program and all federal universal service support mechanisms for three years pursuant to 47 CFR 54.8. The debarment letter (DA 26-266) was released on March 31, 2026, and takes effect upon receipt or that date, whichever is earlier. Schools and libraries participating in E-Rate must immediately cease any active arrangements with Mr. Goldbrener.
Deletion of Broadcast Rules Item from Open Meeting
The FCC issued a Sunshine Act notice announcing the deletion of Item 6 from the March 26, 2026 Open Meeting agenda. The deleted item concerned updates to broadcast station rules (MB Docket No. 24-626; GN Docket No. 25-133). The item was previously listed in the March 19, 2026 Sunshine Notice but was removed from the scheduled meeting. This is a procedural notice about meeting agenda changes and does not itself impose new requirements on regulated entities.
SEC v. Sand and Fullenkamp - Penny Stock Fraud
The SEC charged Scott Sand and Jon Fullenkamp with allegedly perpetrating a fraud scheme to misappropriate $2.6 million from two penny stock issuers from October 2020 through 2023. The defendants allegedly controlled the issuers without formal management titles, created sham agreements with Fullenkamp-controlled entities, and issued preferred shares worth millions that they sold for personal gain. Fullenkamp consented to permanent injunction, officer/director and penny stock bars, and disgorgement without admitting the allegations.
Former NewAge CEO Consent Judgment - Securities Fraud and Disclosure Violations
The SEC obtained a final consent judgment against Brent David Willis, former CEO of NewAge, Inc., for making false and misleading public statements from July 2017 through April 2019 and aiding and abetting selective disclosure of material nonpublic information. Willis agreed to a $175,000 civil monetary penalty and a five-year officer and director bar, without admitting or denying the allegations.
SEC v. P/E Capital Investment Management Partners - Improper Fee Enforcement
The SEC obtained final judgments against Chicago-based investment adviser P/E Capital Investment Management Partners and its CEO Eliseo Prisno for charging over 200 advisory clients approximately $2.4 million in unauthorized and undisclosed quarterly fees between February 2019 and July 2023. The judgments permanently enjoin both defendants from violating antifraud provisions of the Investment Advisers Act and bar Prisno from the securities industry.
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