Upcoming Webinars! FTC Proposes Rule Banning Use of Non-Competes. Now What? | Seyfarth Shaw

Thursday, January 12, 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

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In the first installment of the 2023 Trade Secrets & Non-Competes Webinar Series, our team will focus on the new Federal Trade Commission’s (“FTC”) proposed rule banning the use of non-competites with employees and workers. If adopted, the proposed rule will bar both prospective and existing non-compete agreements. The proposed rule comes after allegations that some employers were abusing non-compete agreements by deploying such agreements in ways that go well

11th Circuit Upholds Trial Court’s Rejection of Liquidated Damages in Trade Secret Case | Seyfarth Shaw

Safeguarding trade secrets is typically Rule No. 1 for many companies—particularly technology companies. Therefore, when a company needs to share its highly-guarded trade secrets with a subcontractor in order to complete a project together, most companies understandably require the subcontractor to enter into a confidentiality agreement that includes a non-disclosure provision. Many of those confidentiality agreements also include a liquidated damages provision that is triggered by the subcontractor’s breach.

The benefits of including a liquidated damages provision are obvious. Often times it is extremely difficult—if not impossible—to calculate the precise, actual damage resulting from a breach. In these situations, a

Kessler Topaz Meltzer & Check, LLP Reminds Investors of February 10, 2023 Deadline in Securities Fraud Class Action Lawsuit against Twist Bioscience Corporation

RADNOR, Pa., Jan. 21, 2023 /PRNewswire/ — The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities class action lawsuit against Twist Bioscience Corporation (“Twist”) (NASDAQ: TWST) on behalf of investors who purchased or acquired Twist common stock between December 13, 2019 and November 14, 2022, inclusive (the “Class Period”). This action, captioned Peters v. Twist Bioscience Corporation, et al., Case No. 3:22-cv-08168, was filed in the United States District Court for the Northern District of Californian and is assigned to the Honorable Edward J. Davila.

KTMC (PRNewsPhoto/Kessler Topaz Meltzer & Check)

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FTC Proposes to Sweep Away All Noncompetites in Unauthorized Federal Power Grab

our colleagues Erik W. Weibust, Peter A. Steinmeyer, and Stuart M. Gershon co-authored an article in the legal backgrounder, published by the Washington Legal Foundation, titled “After 200+ Years Under State Law, FTC Proposes to Sweep Away All Noncompetites in Unauthorized Federal Power Grab.”

Following is an excerpt:

For over 200 years, the regulation of non-competition agreements (“non-competitions”) has been entirely the province of state law. Forty-seven states currently permit noncompetes, and the most recent state to ban them was Oklahoma in 1890. Yet the Biden Administration and its activist Federal Trade Commission (“FTC”) Chair want to do exactly that …

Restrictive Covenants in the Fifth Circuit

Restrictive covenants not to compete, or non-compete agreements, are one of a variety of tools companies use to protect their trade secrets and competitive advantage. However, whether a court will enforce a restrictive covenant varies widely across jurisdictions, including across states within the Fifth Circuit. For example, the Louisiana statute governing restrictive covenants applies a two-year durational limit, while Mississippi common law applies a more general ‘reasonable and specific’ standard to the duration and geographic scope of a restrictive covenant. In addition, Mississippi courts must balance the rights of the employer, the employee, and the public when enforcing restrictive covenants.

GLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages

NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Allianz SE (OTC: ALIZY) resulting from allegations that Allianz may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Allianz 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 preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class

ROSEN, A LONGSTANDING LAW FIRM, Encourages Apyx Medical

NEW YORK, June 29, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Legislation Agency, a world investor rights legislation agency, reminds purchasers of the securities of Apyx Medical Company (NASDAQ: APYX) between Might 12, 2021 and March 11, 2022, each dates inclusive (the “Class Interval”), of the necessary August 5, 2022 lead plaintiff deadline.

SO WHAT: When you bought Apyx securities throughout the Class Interval you might be entitled to compensation with out cost of any out of pocket charges or prices via a contingency price association.

WHAT TO DO NEXT: To affix the Apyx class motion, go to https://rosenlegal.com/submit-form/?case_id=6835 or

Christian law firm that helped overturn Roe v Wade to represent Oklahoma religious charter school

A national Christian law firm has been hired to represent Oklahoma officials as the state advances toward opening the country’s first religious charter school.

The Oklahoma Statewide Virtual Charter School Board voted 3-1 on Monday to hire Alliance Defending Freedom, an Arizona-based firm known for its advocacy for religious liberty and public funding of religious schools.

The firm was involved in the Mississippi case that ultimately overturned Roe v. Wade. The Southern Poverty Law Center listed the Alliance Defending Freedom as a hate group for its advocacy against LGBTQ+ rights, a label the law firm says is false.

“While the