The Families First Coronavirus Response Act (H.R. 6201, hereinafter "the Act"), signed into law Thursday by the President, provides two new, important worker protections related to the COVID-19 pandemic. Both go into effect April 2, 2020 (fifteen days after enactment) and expire December 31, 2020.
As the COVID-19 coronavirus spreads, so do workers' fears about their jobs, compensation, and health insurance coverage. For many employees, losing a job also places their stock options in jeopardy. In our continuing series of FAQs, we talk about stock options - what you need to know, how and when to exercise them, and how you can approach an employer to preserve your rights.