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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: Protecting Your Credit Card Online 2.0

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July 22, 2016

As referenced in a previous Privacy Peril, we listed some suggested ways to minimize the risk of potential theft of card information while shopping online. Here are some additional suggestions on how to protect your credit card information:

  • Whenever possible, use trustworthy payment services like Amazon, PayPal, Google Wallet, or Apple Pay. It means that the merchant never obtains your credit card info and minimizes the points of interception and storage of credit card information. Even better, use tokenized payment systems.
  • Some banks also offer similar authentication and payment processes that result only in a secure connection to your bank's website, eliminating the middle-man for payment (for example, https://www.bankofamerica.com/privacy/accounts-cards/shopsafe.go). Visa and MasterCard also have additional layers of security that you have to opt-in and enroll to use (such as SecureCode and "Verified by Visa") which are similar to two factor authentication.
  • Set up alerts so that you are notified of transactions promptly. Even better, start using the real-time notification of charges features of the Visa and Amex apps – you will be notified immediately when the purchase is made and can verify the amount in real-time.
  • Check your statements often. As everyone moves to "paperless" statements, it is very easy to skim your card statements and not realize there has been a compromise.
  • If possible, shop from sites that are validated and have at least some form of multi-factor authentication combined with up-to-date SSL certificates and encryption (i.e., only buy from sites with the "https" or lock in the browser). Make sure you are on the right site, and not a misspelled URL.

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 Data Security & Privacy team.

 


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