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 […]
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. Investors who purchased the Company’s securities pursuant and/or traceable to the […]
The Federal Trade Commission (FTC) has announced that it will be hosting a public forum on February 16, 2022, from 12:00-3:00 pm ET, to discuss its proposed nationwide non-compete ban. The forum is intended to supplement the FTC’s request for written comments, which as of today have exceeded 10,000. According to the FTC, “[t]the commission […]
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 […]
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 […]
As our colleagues have previously reported in this blog, on January 5, 2023, the Federal Trade Commission issued a notice of proposed rulemaking (NPRM) concerning its unprecedented effort to ban all non-compete clauses with workers and to preempt state law on the issue . The NPRM followed just one day after the FTC announced that […]
Maybe we were wrong. Or perhaps we were just not thinking creatively enough. After President Biden issued his “Executive Order on Promoting Competition in the American Economy,” in which he “encourage[d]” the Federal Trade Commission (FTC) to “consider” exercising its statutory rulemaking authority “to curtail the unfair use of non-compete clauses and other clauses or […]
To continue our series on trade secret employee contract clauses, we’ve surveyed the First Circuit for updates to the law relating to restrictive covenants. Such covenants remain predominantly governed by statutes in Maine, Massachusetts, New Hampshire, and Rhode Island, while Puerto Rico continues to govern them by common law. And with no significant updates since […]