News & Press Releases

Steven Shparber, Mintz Member, was quoted in a recent Law360 article covering U.S. Department of Energy Secretary Chris Wright’s proposal urging the Federal Energy Regulatory Commission (FERC) to establish standardized procedures for interconnecting data centers and other large loads to the grid. The proposal argues that such interconnections fall squarely within FERC’s jurisdiction and are critical to supporting domestic manufacturing and AI innovation.

Steven Shparber, Mintz Member, was quoted in a recent Utility Dive article analyzing the Federal Energy Regulatory Commission’s (FERC) rejection of Tri-State Generation and Transmission Association’s proposed large load tariff. The decision, which found that Tri-State’s proposal intruded on retail rate regulation—an area reserved for state jurisdiction—comes as FERC begins considering a U.S. Department of Energy proposal to streamline interconnections for data centers and other large loads.

Mintz advised the underwriters in connection with a $603 million public offering by Praxis Precision Medicines of 3,527,072 shares of common stock (which includes 501,592 shares of common stock issued pursuant to the exercise in full by the underwriters of their option to purchase additional shares of common stock) at a public offering price of $157.00 per share, and, in lieu of common stock to certain investors, pre-funded warrants to purchase up to 318,470 shares of common stock at the public offering price per share less the $0.0001 per share exercise price of each pre-funded warrant. The aggregate gross proceeds to Praxis Precision Medicines from this offering were approximately $603 million before deducting underwriting discounts and commissions and other offering expenses.

Of Counsel Michelle Capezza shared comments with Fiduciary News about how 401k fiduciaries can implement risk capacity, including the importance of providing retirement plan participants with balanced educational materials.

Mintz advised the placement agents in connection with Spruce Biosciences, Inc.'s $50 million private placement.  The investors purchased common stock (and pre-funded warrants in lieu of common stock for certain investors).

Member Tara Dwyer was recently quoted in Law360 Healthcare Authority regarding a federal ruling that could impact how the Centers for Medicare & Medicaid Services (CMS) conducts audits of Medicare Advantage plans. The ruling limits CMS from using small sample sizes to represent entire patient populations, which may challenge its goal of performing 550 audits annually to curb fraud and overbilling.