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CALIFORNIA CORPORATE & SECURITIES LAW

It’s Friday and the DOC and CalPERS are Closed (Again)

On July 30, I reported that “Furlough Fridays” would be returning to most state agencies in August.  Yesterday, Shane Goldmacher wrote in this Los Angeles Times story that efforts by several state employee unions to block furloughs have been unsuccessful so far.   Both the Department of Corporations and the California Public Employees Retirement System (CalPERS) will be closed on August…

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SOS Changes Document Certifications

Historically, the California Secretary of State has certified copies of filed documents by attaching a separate cover page.  Last week, the Secretary of State announced that effective July 23, 2010 her office would stamp the back of the last page of the instrument being certified in lieu of providing a separate cover page.  The stamp will contain the…

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Bay State Security Breach – Implications for the Golden State

Broc Romanek recently posted an item from Alan Parness concerning a security breakdown at the Massachusetts Securities Division.  Alan raises an excellent question about whether a state agency would be as forgiving of someone that it regulates. Privacy would seem to be a very important issue in California.  In fact, the very first article and…

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