Maynard Cooper & Gale and Nexsen Pruet have agreed to merge on April 1, 2023. Together we will be Maynard Nexsen.

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Monday, March 27, 2023

Minding the Gaps in Your Non-GAAP Disclosure Controls

On March 14, 2023, the Securities and Exchange Commission (the “SEC”) announced that it charged DXC Technology Company, an IT services company (“DXC”), with making misleading disclosures about its non-GAAP financial performance measures[1] during periods from 2018 until 2020. DXC settled the charges with the SEC and agreed to pay...

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Friday, March 24, 2023

2023 Legislative Update: Regular Session Resumes - Week Three

Last Thursday, the special session on ARPA funds concluded, and we resumed regular session this week. The Governor’s Budget Requests & Rebates On Tuesday, Governor Kay Ivey sent her proposed budgets across the street to the Alabama Legislature. The General Fund is the funding mechanism for Alabama’s non-education-related expenditures. In...

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Monday, March 20, 2023

At Long at Last: COVID-19 National Emergency & Outbreak Period Set to End

After much anticipation from employer plan sponsors, the Biden Administration will end the COVID-19 national emergency and public health emergency declarations (the “National Emergency” and the “PHE”, respectively) that have been in place since 2020 on May 11, 2023. As detailed herein, this also means that the Outbreak Period will...

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