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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: American Express - New Bait for an Old Phishing Lure

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September 30, 2016

In prior Privacy Perils, we've repeatedly warned of phishing emails seeking to obtain your confidential information that appear to come from a legitimate financial institution, but which really originate from a bad actor. According to an alert from AppRiver (summarized in an article on the site of internet security group Guru), a new, sophisticated and "well thought out" version of this scam is making the rounds. Under this variation, the typical email is received referencing supposed suspicious activity on your American Express account, and provides a link for you to enter confidential information to "ensure the safety of your account." What makes this scam particularly dangerous is that the URL link appears legitimate (containing "americanexpress.com"), includes the presumably secure "https" designation (hypertext transfer protocol over secure socket layer), and the bogus site accurately reproduces the look of American Express' site. In fact, after you have entered your confidential information on the illegitimate site, you are then directed to the official American Express homepage.

So what's a poor user to do? First, never access your bank or similar online account through an email link – open your browser and navigate directly to the site. Second, remember that your financial institution will never solicit confidential information by email.

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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