California Employment News: Professional and Administrative Pay Exemptions
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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
Colorado’s Restrictive Employment Agreements Act, HB 22-1317 will go into effect on August 10, 2022, significantly limiting the enforceability of noncompete agreements executed after that date. The law is not retroactive, so...more
The U.S. Department of Treasury recently released a study on the effect of non-compete agreements, taking a hard line with respect to their social and economic benefits and purported harms. Specifically, while the authors of...more