Employer sues former traders for using an allegedly confidential trading strategy but loses bid for emergency injunctive relief.
On April 12, Jane Street Group LLC (“Jane Street”) sued two of its former traders and...more
On April 24, 2024, the Federal Trade Commission ( “FTC”) published a sweeping ban on non-competes (“Rule”). The Rule passed by a 3-2 vote, with the FTC’s Democratic commissioners voting in favor, and Republican commissioners...more
4/30/2024
/ Department of Labor (DOL) ,
Employment Contract ,
Federal Bans ,
Federal Trade Commission (FTC) ,
Final Rules ,
FTC Act ,
Non-Compete Agreements ,
Non-Disclosure Agreement ,
Non-Solicitation Agreements ,
Notice of Proposed Rulemaking (NOPR) ,
Restrictive Covenants ,
Trade Secrets
Ex-employee’s golf outing with customer does not violate non-solicit -
An auto parts manufacturer in Michigan sought a preliminary injunction against a former sales employee for violating his restrictive covenants,...more
12/4/2023
/ Appeals ,
Artificial Intelligence ,
Breach of Contract ,
Class Action ,
Confidential Information ,
CVS ,
Defend Trade Secrets Act (DTSA) ,
Employment Litigation ,
Injunctive Relief ,
Motion to Dismiss ,
Non-Compete Agreements ,
Non-Solicitation Agreements ,
Preliminary Injunctions ,
Private Right of Action ,
Restrictive Covenants ,
Software ,
Trade Secrets
October 2023: Public information can be a trade secret; Litigants get creative to contest non-competes; NJ addresses the enforceability of non-disparagements; Law firm DEI programs face legal challenges -
Compilation of...more
11/1/2023
/ Appeals ,
Diversity and Inclusion Standards (D&I) ,
Employer Liability Issues ,
Employment Contract ,
Employment Litigation ,
NLRA ,
NLRB ,
Non-Compete Agreements ,
Non-Disparagement Provisions ,
Non-Solicitation Agreements ,
Settlement Agreements ,
Trade Secrets ,
Unions