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 …

Small Business – The Brewton Standard

NEW YORK, May 30, 2023 /PRNewswire/ — The Klein Law Firm announced that a class action complaint has been filed on behalf of shareholders of LivePerson, Inc. (NASDAQ: LPSN) alleging that the Company violated federal securities laws.

Class Period: May 10, 2022 to March 16, 2023
Lead Plaintiff Deadline: June 23, 2023
No obligation or cost to you.

Learn more about your recoverable losses in LPSN:
https://www.kleinstocklaw.com/pslra-1/liveperson-lawsuit-loss-submission-form?id=39923&from=4

LivePerson, Inc. NEWS – LPSN NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that LivePerson, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) LivePerson failed to

The Schall Law Firm Encourages Investors in Marathon Digital Holdings, Inc. with Losses of $500,000 to Contact the Firm

PRESS RELEASE

Published May 18, 2023

LOS ANGELES, CA / ACCESSWIRE / May 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Marathon Digital Holdings, Inc. (“Marathon Digital” or “the Company”) (NASDAQ:MARA) 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 May 10, 2021 and February 28, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before May 29, 2023.

If you are

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Beyond Meat, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action

Published: may. 13, 2023 at 6:45 PM EDT|Updated: 8 hours ago

NEW YORK, May 13, 2023 /PRNewswire/ —

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

WHY: Rosen Law Firm, a global investor rights law firm, announced the filing of a class action lawsuit on behalf of purchasers of common stock of Beyond Meat, Inc. (NASDAQ:BYND) between May 5, 2020 and October 13, 2022. both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move to Court no later than July 10,

The Klein Law Firm Announces a Lead Plaintiff Deadline of June 23, 2023 in the Class Action Filed on Behalf of First Republic Bank Shareholders

NEW YORK, May 9, 2023 /PRNewswire/ — The Klein Law Firm announced that a class action complaint has been filed on behalf of shareholders of First Republic Bank (NYSE: FRC) alleging that the Company violated federal securities laws.

Class Period: January 14, 2021 to March 14, 2023
Lead Plaintiff Deadline: June 23, 2023
No obligation or cost to you.

Learn more about your recoverable losses in FRC:
https://www.kleinstocklaw.com/pslra-1/first-republic-lawsuit-loss-submission-form?id=39110&from=4

First Republic Bank NEWS – FRC NEWS

CLASS ACTION CASE DETAILS: According to the complaint, the Defendants misrepresented the strength of the Company’s balance sheet and liquidity position, while also understating

Regulation of AI – the Path Ahead | Seyfarth Shaw

This post was originally published to Seyfarth’s Gadgets, Gigabytes & Goodwill blog.

Last week, a joint statement was issued by four federal agencies expressing their apprehension regarding the use of AI for discriminatory or anticompetitive purposes and outlining their plans for regulation. This comes on the heels of Elon Musk requesting a “pause” in AI development and meeting with Senator Chuck Schumer to guide the statutory framework of AI management. It also comes as China and the EU unveiled their own proposed laws surrounding the regulation of AI. How will governments across the globe respond to this pivotal technology? And

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Rite Aid Corporation Investors with Losses to Secure Counsel Before Important Deadline in Securities Class

NEW YORK, May 5, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Rite Aid Corporation (NYSE: RAD) between April 26, 2018 and March 13, 2023both dates inclusive (the “Class Period”), of the important May 19, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Rite Aid 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

California Weighs Formal Penalties for Attempts to Enforce Restrictive Covenants | Seyfarth Shaw

The California legislature is considering new legislation that proposes, among other things, penalties for an employer’s use of restrictive covenants as well as for attorneys who assist with their enforcement.

Assembly Bill 747 was introduced in February 2023 and, if passed, would make the following changes:

  • The existing exceptions for restrictive covenants that are part of the sale of a business would be narrowed. Presently, any person who sells the goodwill of a business or who disposes of their ownership interest or other specified assets in a business may agree with the buyer to refrain from competing in the geographic