ROSEN, A TOP RANKED LAW FIRM, Encourages NewAge Inc. Investors with Losses to Secure Counsel Before Important Deadline in First Filed Securities Class Action

NEW YORK, Jan. 6, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of NewAge, Inc. (NASDAQ: NBEV) (OTC: NBEVQ) between January 18, 2018 and October 18, 2022both dates inclusive (the “Class Period”), of the important February 6, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased NewAge securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join

Not All Documents Labeled Confidential Actually Are: Texas Jury Finds $23M Trade Secret Case Was Brought in Bad Faith | Seyfarth Shaw

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 be a trade secret.

Background & Analysis

In February 2019, Telecom firm Teligistics, Inc. (“Teligistics”) sued its rival Advanced Personal Computing, Inc. d/b/a Liquid Networx (“Liquid Networx”) and company executives Travis Wood and Robert Short, alleging they misappropriated trade secrets concerning its online platform for handling contracts named Telibid. Specifically, Teligistics alleged a former Liquid Network employee obtained a copy

Upcoming Webinars! NLRB and Restrictive Covenants: Trends in Employment Confidentiality | Seyfarth Shaw

Wednesday, July 19, 2023
3:00 pm to 4:00 pm Eastern
2:00 pm to 3:00 pm Central
1:00 pm to 2:00 pm Mountain
12:00 pm to 1:00 pm Pacific

REGISTER HERE

Confidentiality obligations and restrictive covenants are crucial tools employed by organizations to protect sensitive information, trade secrets and competitive advantages. However, recent state law and regulatory developments and NLRB decisions have created a complex web of considerations that employers must navigate when drafting and enforcing these agreements. Seyfarth’s fourth installment in the 2023 Trade Secrets Webinar Series aims to provide in-depth insights into two key areas of concern: carveouts to

It’s Open Season on Law Firms for Ransomware & Cyberattacks

An increasing rash of ransomware attacks on law firms prompted the UK’s National Cyber ​​Security Center to release a threat report last week advising the legal sector that their clients’ deepest, darkest, most sensitive secrets are in the crosshairs of some of the most prolific ransomware actors on the scene — and its time to get serious about securing legal sector networks.

The timing is apropos; just days ago snack food conglomerate Mondelez, behind brands like Ritz and Oreo, said the personal data of 51,000 of its current and former employees was compromised following a cyberattack on its law firm

Second Circuit Vacates Jury Award on Grounds that Damages Theory Lacked Evidence | Seyfarth Shaw

On May 25, 2023, the Second Circuit issued an opinion in Syntel Sterling Best Shores Mauritius Ltd. v. TriZetto Group, Inc., No. 21-1370 (2d Cir. 2023) that provides guidance regarding recoverable damages in trade secret misappropriation disputes under the Defend Trade Secrets Act (“DTSA”).

The Second Circuit held that under the DTSA unjust enrichment damages cannot be awarded for avoided development costs absent evidence that the trade secret’s value was diminished by the misappropriation. The Second Circuit also provided clear instructions on what remedies are available under the DTSA, limiting the amount that a plaintiff can recover. An injured

New Non-Compete Health Care Restrictions in Connecticut | Seyfarth Shaw

As various states and federal agencies seek to prohibit or limit the use of non-competes, Connecticut joined the trend. Connecticut’s new legislation, SB 9, expands restrictions on the enforceability of physician non-competes and extends these restrictions to advanced practice registered nurses (APRNs) and physician assistants (PAs).

Connecticut: SB 9

On June 5, 2023, the Connecticut Senate passed SB 9, sending it to Governor Ned Lamont to sign into law. The governor’s signature is a formality as the bill passed both houses of the Connecticut Legislature unanimously. By limiting the circumstances in which non-competes are enforceable under Connecticut law, SB 9

New York State Senate Approves Bills Banning Use of Non-Compete Agreements | Seyfarth Shaw

New York is poised to join the growing number of states enacting legislation to curtail the use of non-compete agreements by employers. On June 7, 2023, the New York State Senate voted to pass Bill No. S3100A, which, if enacted, would ban all post-employment non-compete agreements, along with Bill No. S6748, which is generally aimed at preventing the establishment of monopolies, monopsonies, and restraints of trade by, among other things, curtailing the use of non-compete agreements. The Bills are currently awaiting passage by the New York State Assembly and are expected to be signed by Governor Kathy Hochul.

Key Features

STEM ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 11, 2023 in the Class Action Filed on Behalf of Stem, Inc. f/k/a Star Peak Energy

STEM ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 11, 2023 in the Class Action Filed on Behalf of Stem, Inc. f/k/a Star Peak Energy Transition Corp. Shareholders

NEW YORK, June 13, 2023 /PRNewswire/ — The Klein Law Firm announced that a class action complaint has been filed on behalf of shareholders of Stem, Inc. f/k/a Star Peak Energy Transition Corp. (NYSE: STEM) alleging that the Company violated federal securities laws.

This lawsuit is on behalf of a class consisting of all persons and entities other than defendants that purchased or otherwise acquired Stem securities: (a)