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What colorful method does Claire Miley use to keep up with the latest healthcare regulations as they relate to proposed transactions? Find out more>

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On December 1, 2016, Parker Hannifin Corporation and CLARCOR Inc. announced that the companies have entered into a definitive agreement under which Parker will acquire CLARCOR for approximately $4.3 billion in cash, including the assumption of net debt. The transaction has been unanimously approved by the board of directors of each company. Upon closing of the transaction, expected to be completed by or during the first quarter of Parker’s fiscal year 2018, CLARCOR will be combined with Parker’s Filtration Group to form a leading and diverse global filtration business. Bass, Berry & Sims has served CLARCOR as primary corporate and securities counsel for 10 years and served as lead counsel on this transaction. Read more here.

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Securities Law Exchange BlogSecurities Law Exchange blog offers insight on the latest legal and regulatory developments affecting publicly traded companies. It focuses on a wide variety of topics including regulation and reporting updates, public company advisory topics, IPO readiness and exchange updates including IPO announcements, M&A trends and deal news.

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Privacy Perils: The Risk of Jailbreaking Mobile Devices

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October 23, 2015

Mobile device users beware: if you jailbreak a device, some security features will be disabled increasing the potential for security breaches. For the uninitiated, jail-breaking removes hardware restrictions and other protections in mobile device operating systems. It opens access to the device's inner workings – hidden features and functions, advanced settings – and allows installation of third party software not vetted by company app stores. Although risks exist for all devices, jail-breaking them opens the door to increased risk of security breaches such as the installation of malware and spyware that can steal personal information. It may also may void warranties, cause device malfunctions and, done incorrectly, can "brick" your device (a very bad thing).

To preserve the security features of your devices, we urge readers not to jail-break those devices and to keep your device operating system up to date.

Privacy Perils imageCheck out our series, Privacy Perils, to learn what steps you can take to guard your personal and company data. For more information about this topic and other cyber security concerns, please contact Bob Brewer, Tony McFarland, Elizabeth Warren or a member of our Privacy & Data Security team.

 


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