US Senator Chris Murphy (D-Conn.) and US Senator Todd Young (R-Ind.) on February 1st reintroduced the Workforce Mobility Act. The legislation would ban the use of non-compete agreements with some limited exceptions. US Representative Scott Peters (D-Calif.-52) and US Representative Mike Gallagher (R-Wis.-08) introduced the legislation in the US House of Representatives. US Senator Tim […]

our colleagues Peter A. Steinmeyer, Erik W. Weibustand Angel A. Perez co-authored an article in Thomson Reuters Practical Law’s The Journalentitled “Restrictive Covenants: Ethical Issues for Attorneys.” Following is an excerpt: Companies across the US commonly use non-compete agreements and other restrictive covenants to protect the company’s legitimate business interests. These agreements are used with […]

NEW YORK, Jan. 31, 2023 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Daktronics, Inc. (NASDAQ:DAKT) between March 10, 2022 and December 6, 2022both dates inclusive (the “Class Period”), of the important February 21, 2023 lead plaintiff deadline. SO WHAT: If you purchased Daktronics securities […]

As we predicted, earlier today, 100 industry organizations submitted a request to the Federal Trade Commission (FTC) to extend the comment period for its proposed rule banning non-competes nationwide by an additional 60 days. According to the letter, “[t]he regulated community should be given sufficient time to assess the potential consequences of the rulemaking and […]

NEW YORK, Jan. 30, 2023 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Sunlight Financial Holdings Inc. (“Sunlight” or the “Company”) (NYSE: SUNL). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Sunlight and certain of its officers and/or directors have […]

In the long sequence of high-profile deaths of Black men at the hands of American police, the death of Tyre Nichols in Memphis shared many of the same hallmarks: a traffic stop that turned violent, an outraged community and a critical release of video footage . But the case was unique in another way. All […]

In the second installment of the 2023 Trade Secrets Webinar Series, Seyfarth attorneys reviewed noteworthy legislation, cases, and legal developments from across the nation over the last year in the areas of trade secrets and data theft, non-competes and other restrictive covenants, and computer fraud. Plus, they provided predictions for what to expect in 2023. […]

This post was originally published as a Seyfarth Legal Update. In a January 11, 2023 op-ed published in the Wall StreetJournal, President Joe Biden urged “Democrats and Republicans to come together to pass strong bipartisan legislation to hold Big Tech accountable.” He warned that the “risks Big Tech poses to ordinary Americans are clear. Big […]