Trade Secrets Litigation: 2023 Update

Thomson Reuters Practical Law has released the 2023 update to “Trade Secrets Litigation,” co-authored by our colleague Peter A. Steinmeyer.

Following is an excerpt (see below to download the full article in PDF format):

Trade secrets are often an employer’s most valuable assets. When an employee or former employee misappropriates an employer’s trade secrets, the employer frequently initiates litigation with several goals in mind, including:

  • Preventing further unauthorized use or disclosure of its trade secrets.
  • Recovering the trade secrets.
  • Obtaining damages.

This Practice Note discusses trade secrets litigation. In particular, it addresses:

  • Preliminary steps to consider, such as sending a

The law firm says it has filed the first ever Camp Lejeune class-action lawsuit

JACKSONVILLE, NC (WITN) -The past water contamination at Camp Lejeune has been a recurring topic for 40 years. Many lives have been lost, creating a permanent scar on Veterans and families.

“Our servicemen, when they serve our country and give up their time,” said Paul Doolittle, Class Action and Mass Tort Director, “They expect that their families are going to be taken care of.”

According to data, people have developed all kinds of health problems from drinking the toxic water.

Poulin, Willey, and Anastopoulo Law Firm said it wanted to help victims after claiming to have filed the first Camp

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Enovix Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 7, 2023

NEW YORK, Feb. 15, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Enovix Corporation.

Shareholders who purchased shares of ENVX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:
https://securitiesclasslaw.com/securities/enovix-class-action-submission-form/?id=36520&from=4

PERIOD CLASS: This lawsuit is on behalf of all investors who purchased or otherwise acquired Enovix common stock (or Rodgers Silicon Valley Acquisition Corp. common stock prior to July 15, 2021) between February 22, 2021 and January 3, 2023inclusive.

FTC Commissioner Christine Wilson, the Lone Dissenting Voice on the FTC’s Proposed Noncompete Ban, Resigns

FTC Commissioner Christine Wilson, published an Op-Ed in the Wall Street Journal today in which she announced her resignation from the FTC and explained her reasoning. Readers may recall that Commissioner Wilson was the lone dissenting voice on the FTC’s proposed banning rule non-competes nationwide.

In the Op-Ed, Commissioner Wilson says that her decision to resign arose out of FTC Chair Lina Khan’s “disregard for the rule of law and due process and the way senior FTC officials enable her,” concluding with: “I refuse to give their endeavor any further hint of legitimacy by remaining” at the Commission. Relevant to …

Garden Leave Provisions in Employment Agreements: 2023 Update

Thomson Reuters Practical Law has released the 2023 update to “Garden Leave Provisions in Employment Agreements,” co-authored by our colleague Peter A. Steinmeyer and Lauri F. Rasnick.

The Note discusses garden leave provisions in employment agreements as an alternative or a companion to traditional employee non-compete agreements. It addresses the differences between garden leave and non-compete provisions, the benefits and drawbacks of garden leave, and drafting considerations for employers that wish to use garden leave provisions. This Note applies to private employers and is jurisdiction neutral.

Following is an excerpt (see below to download the full version in PDF format):…

INVESTORS DEADLINE ALERT: The Schall Law Firm Encourages Investors in Caribou Biosciences, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / February 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announced the filing of a class action lawsuit against Caribou Biosciences, Inc. (“Caribou” or “the Company”) (NASDAQ:CRBU) for violations of the federal securities laws.

The Schall Law Firm, Wednesday, December 14, 2022, Press release picture

Investors who purchased the Company’s securities pursuant and/or traceable to the Company’s initial public offering taking place on July 23, 2021 (the “IPO”) and/or between July 23, 2021 and December 9, 2022, both dates inclusive (the “Class Period”), are encouraged to contact the firm before April 11, 2023.

If you are a shareholder who has suffered

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Invivyd To Contact Him Directly To Discuss

NEW YORK, Feb. 11, 2023 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Invivyd, Inc. f/k/a Adagio Therapeutics, Inc. (“Invivyd” or the “Company”) (NASDAQ: IVVD) and reminds investors of the April 3, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi Logo (PRNewsfoto/Faruqi & Faruqi, LLP)

If you have suffered losses exceeding $100,000 invest in Invivid stock or options between November 29, 2021 and December 14, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partners Josh Wilson

Preparing for Non-Compete Litigation: 2023 Update

Thomson Reuters Practical Law has released the 2023 update to “Preparing for Non-Compete Litigation,” co-authored by our colleague Peter A. Steinmeyer.

Following is an excerpt (see below to download the full version in PDF format):

Non-compete litigation is typically fast-paced and expensive. An employer must act quickly when it suspects that an employee or former employee is violating a non-compete agreement (also referred to as a non-competition agreement or non-compete). It is critical to confirm that there is sufficient factual and legal support before initiating legal action. Filing a complaint for monetary damages or a request for an injunction can …