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

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

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 …

Upcoming Webinar Series! Commercial Litigation Outlook: Insights and Predictions for Litigation Trends in 2023 | Seyfarth Shaw

Welcome to the third annual installment of Seyfarth Shaw’s Commercial Litigation Outlook, in which our nationally-recognized team provides insights about litigation issues and trends to expect in 2023.

The likely continuing global tumult and increasing chances for a recession will weigh heavily on the litigation outlook for 2023. In short, we expect an uneven year where some litigation booms and some busts. As was true last year, the trick to navigating the upcoming challenges will require clients and their counsel to be adaptive, creative and proactive.

Join us for a three-part webinar serieswhere members of our Commercial Litigation practice

Business Organizations Seek Extension on Comment Period Deadline on FTC’s Proposed Rule Banning Non-Competes | Seyfarth Shaw

100 business organizations submitted a letter today requesting a 60 day extension on the March 20, 2023, comment period deadline on the FTC’s proposed rule banning non-competites with employees and workers. The business organizations include organizations in manufacturing, commerce, retail, insurance, franchise, health care, technology, financial services, construction, and staffing.

In support of their request, the organizations stated the “regulated community should be given sufficient time to assess the potential consequences of the rulemaking and develop insightful comments for the Commission to consider.”

“This rulemaking, as the FTC itself acknowledges, will impact a significant portion of the economy” and “[g]given

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

NEW YORK, NY / ACCESSWIRE / February 2, 2023 /

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Tattooed Chef, Inc. TTCF between March 20, 2021 and October 12, 2022, both dates inclusive (the “Class Period”), of the important February 21, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Tattooed Chef 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

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sunlight Financial Holdings Inc.

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.

Fighting for victims of securities fraud for more than 85 years (PRNewsfoto/Pomerantz LLP)

The investigation concerns whether Sunlight and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On September 28, 2022Sunlight issued a press release “announc[ing] that an installer liquidity event and volatile interest rates will impact its full-year 2022 financial performance”

The Allendale school board considers hiring multiple law firms to represent the district

OTTAWA COUNTY, MI – The Allendale Board of Education is considering hiring other law firms to represent the district in addition to the Kallman Legal Group, which was recently hired as the district’s legal counsel in a split vote this month.

At a work session Monday, Jan. 23, the board discussed the possibility of hiring more than one law firm to ensure the school district has access to legal expertise on a wide range of specialized areas, such as the handling of school elections, bond refinancing, Title IX issues and more.

The discussion over the district’s legal needs on Monday