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Law, Accounting & Taxes

N.Y. AG settles with MVP Health Care for wrongly denying mental-health benefits

New York Attorney General Eric Schneiderman on March 20 announced a settlement with Schenectady-based MVP Health Care after an investigation uncovered “widespread” violations of mental-health parity laws. The probe found the health insurer denied mental-health benefits to “thousands” of New Yorkers, Schneiderman’s office said in a news release. Schneiderman’s office estimates that more than 3,000

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Raising Capital Via Crowdfunding: A Step Closer to Reality

The JOBS Act (short for Jumpstart Our Business Startups Act) became law in April 2012. One of the more controversial provisions in the JOBS Act was the creation of a new “crowdfunding” exemption from federal and state securities-law registration available for startup and early stage businesses seeking to raise capital. Crowdfunding is the name given

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