Congress Threatens Stock Options and Opens the Door for Legal Action Against Technology Companies.Business Editors & Legal Writers ATLANTA--(BUSINESS WIRE)--March 18, 2002 Recent legislation introduced in the US Congress to change stock options accounting will hurt technology companies and their employees. Additional legislation in Congress will change securities law that will increase the chances companies will be sued. Companies can learn about what these changes will mean to options programs, the tax liability of companies, and the increased chances of lawsuits at a program being conducted by the AeA (American Electronics Association The American Electronics Association (now known as AeA) is a nationwide non-profit trade association that represents all segments of the technology industry in the United States. ) in conjunction with the Atlanta Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. office of Sutherland Sutherland or Sutherlandshire, former county, N Scotland. Under the Local Government Act of 1973, Sutherland became (1975) part of the new Highland region (now a council area). Asbill & Brennan Bren·nan , William Joseph, Jr. 1906-1997. American jurist who served as an associate justice of the U.S. Supreme Court (1956-1990). LLP LLP - Lower Layer Protocol . The program will be held on Tuesday Tuesday: see week. , March 26 from 8 a.m.-10 a.m. This program is designed for CEOs, CFOs, and General Counsels of high tech companies. The presentation will include: -- John Palafoutas SVP, Domestic Policy and Congressional Affairs for AeA in DC. He represents the interests of tech companies before Congress, the Administration and federal agencies. -- Peter J. Anderson, partner at Sutherland Asbill & Brennan LLP, represents companies and other participants in the capital markets, with respect to securities litigation matters, SEC enforcement actions, Dept. of Justice investigations, and broker-dealer regulation and enforcement actions. He also writes, speaks and lectures regularly on securities compliance, regulatory and enforcement. Presenters: -- John Palafoutas SVP, Domestic Policy and Congressional Affairs for AeA in DC. He represents the interests of tech companies before Congress, the Administration and federal agencies. -- Peter J. Anderson, partner at Sutherland Asbill & Brennan LLP, represents companies and other participants in the capital markets, with respect to securities litigation matters, SEC enforcement actions, Dept. of Justice investigations, and broker-dealer regulation and enforcement actions. He also writes, speaks and lectures regularly on securities compliance, regulatory and enforcement. Sutherland Asbill & Brennan LLP is a national law firm known for solving challenging business problems and resolving unique legal issues for many of the nation's largest companies. Founded in 1924, the firm has grown to more than 350 lawyers in five offices. The main practices include corporate and securities, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , technology, energy and commodities, intellectual property, real estate and tax. For more information on the firm, visit www.sablaw.com. Advancing the business of technology, AeA is the nation's largest high-tech trade association. Founded in 1943, AeA has more than 3,500 member companies that span the high-technology spectrum, from software, semiconductors and computers to Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the technology, advanced electronics and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. systems and services. With 17 regional U.S. councils and offices in Brussels and Beijing, AeA offers a unique global policy grassroots capability and a wide portfolio of valuable business services and products for the high-tech industry. For 57 years, AeA has been the accepted voice of the U.S. technology community. www.aeanet.org. Space is limited so don't wait to register. |
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