Texas Court of Appeals Dismisses Trade Secret Case Against Defendant for Lack of Personal Jurisdiction | Seyfarth Shaw

Establishing jurisdiction over a defendant is critical in every lawsuit. Trade secret cases are certainly no different. A recent appellate decision from Texas underscored this important point by dismissing a plaintiff’s claim against a defendant – who did not even deny that he received misappropriated trade secrets – for lack of jurisdiction.

The case is joe Formicola v. Virtual Integrated Analytics Solutions, LLC14th Court of Appeals, Texas, Case No. 14-22-00412-CV (the state court case is Virtual Integrated Analytics Solutions LLC vs. Optimal Designs Incorporated et al., Case No. 202215877, in the 189th District Court of Harris County,

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of DouYu International Holdings Limited of a Class Action Lawsuit and a Lead Plaintiff Deadline of

NEW YORK, June 21, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of DouYu International Holdings Limited.

Shareholders who purchased shares of DOYU during the class listed period 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:

DouYu Loss Submission Form

PERIOD CLASS: April 30, 2021 to May 9, 2023

ALLEGATIONS: The complaints alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Chinese government, due to

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

Nevada Seeks to Ban Non-Competes with Physicians | Seyfarth Shaw

The Nevada legislature passed new legislation recently that essentially bans all non-compete clauses in physician contracts while strictly limiting the instances in which a hospital or psychiatric hospital may employ a physician as an employee, rather than as a contractor. Assembly Bill 11 was introduced in February 2023 and had passed both the Senate and Assembly by May. However, Nevada Governor Joe Lombardo vetoed the bill in June, leaving AB 11’s future uncertain. The bill passed both legislative houses just shy of a veto-proof majority. If ultimately passed over the veto, AB 11 would make the following changes:

Physician Non-competes:

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Microvast Holdings, Inc. Investors to Inquire About Securities Class Action Investigation

Published: Jun. 3, 2023 at 1:20 PM CDT

NEW YORK, June 3, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo
Rosen Law Firm, PA Logo(PRNewswire)

WHY: Rosen Law Firm, a global investor rights law firm, announced an investigation of potential securities claims on behalf of shareholders of Microvast Holdings, Inc. (NASDAQ: MVST, MVSTW) resulting from allegations that Microvast may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Microvast securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is

Illinois Court Requires Express Delineation of Any Non-Employment Consideration for a Restrictive Covenant

For the last decade, one of the biggest issues in the Illinois noncompete law has been what constitutes adequate consideration for a post-employment restrictive covenant, apart from employment lasting at least two years after the agreement was signed. The “24 month rule” set forth in Fifield v. Premier Dealer Services, Inc.2013 IL App (1st) 120327 has caused much head-scratching, and the Illinois legislature was essentially punted on the issue in the recent amendments to the Illinois Freedom to Work Act, 820 ILCS 90/1, et seq. (effective as of January 1, 2022). (Full disclosure: One of the authors …

Justice Department Announces Trade Secret Theft and Other Charges Following Recently Launched Technology Strike Force

Earlier this year, the United States Department of Justice (“DOJ”) announced that it was launching the Disruptive Technology Strike Force (“Strike Force”) in an effort “to target illicit actors, strengthen supply chains and protect critical technological assets from being acquired or used by nation-state adversaries.” The DOJ’s initial announcement can be found here. The Strike Force is co-led by the DOJ and Commerce Department with the goal of countering efforts by hostile nation-states seeking to illegally acquire sensitive United States technology. On May 16, 2023, the DOJ announced criminal charges in five cases from five different US Attorney’s Offices in …

The Schall Law Firm Encourages Investors in DISH Network Corporation with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published May 22, 2023

LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminded investors of a class action lawsuit against DISH Network Corporation (“Dish” or “the Company”) (NASDAQ:DISH) for violations of §§10(b) and 20( a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the US Securities and Exchange Commission.

The Schall Law Firm, Thursday, May 18, 2023, Press release picture

Investors who purchased the Company’s securities between February 22, 2021 and February 27, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before May 22, 2023.

If you are a