On May 31, 2023, a Harris County Texas District Court jury found a telecom company acted in bad faith by filing a $23 million trade secret misappropriation lawsuit against a rival where the underlying technology was found to not actually
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Reminder: Minnesota Non-Compete Ban Takes Effect on Saturday, July 1
As we previously reported, Minnesota will soon become only the fourth state (along with California, Oklahoma and North Dakota) to ban non-competitors.
The state’s new law renders void and unenforceable all covenants not to compete entered by employees or independent …
ROSEN, A LONGSTANDING LAW FIRM, Encourages Telephone and Data Systems, Inc. Investors to Secure Counsel Before Important July 3 Deadline in Securities Class
New York, New York–(Newsfile Corp. – June 24, 2023) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Telephone and Data Systems, Inc. TDS TDS TDS between May 6, 2022 and November 3,
Maine and Iowa Enact Job-Specific Limitations on Noncompetites
The two states recently have enacted restrictions on noncompete agreements being used in certain professions.
In Maine, on June 1, 2023, the Governor signed into law LD 688/HP 457, entitled “An Act to Protect Access to Veterinary Care by Prohibiting …
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Futu Holdings Limited with Losses of $100,000 to Contact the Firm – Futu Hldgs
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Futu Holdings Limited (“Futu” or “the Company”) FUTU for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and
Ohio Appellate Court Holds Logistics Company was Improperly Limited to Half a Remedy, Reviving Noncompete Suit Against a Former Employee
The day after obtaining federal brokerage authority for the logistics company he formed a month earlier, Christopher Johnson, a North Carolina resident, resigned from his employment with Cincinnati-based Total Quality Logistics, LLC (“TQL”). TQL then sued Johnson and his company …
Justice Department Announces Trade Secret Theft and Other Charges Following Recently Launched Technology Strike Force
Earlier this year, the United States Department of Justice (“DOJ”) announced that it was launching the Disruptive Technology Strike Force (“Strike Force”) in an effort “to target illicit actors, strengthen supply chains and protect critical technological assets from being acquired …
Regulation of AI – the Path Ahead | Seyfarth Shaw
This post was originally published to Seyfarth’s Gadgets, Gigabytes & Goodwill blog.
Last week, a joint statement was issued by four federal agencies expressing their apprehension regarding the use of AI for discriminatory or anticompetitive purposes and outlining their plans
DOJ Fails Again in a No-Poach Prosecution
A Ruling and Order issued on April 28, 2023 by the US District Court for the District of Connecticut in United States v. Patel, et al. ran the government’s losing streak to four failed trials seeking to criminally prosecute alleged …
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Spirit AeroSystems Holdings, Inc. and Encourages Investors with Losses
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Spirit AeroSystems Holdings, Inc. and Encourages Investors with Losses to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announced that it is investigating