Upcoming Webinars! Managing Trade Secrets in a Remote Work Environment | Seyfarth Shaw

Wednesday, June 21, 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 today’s digital age, trade secrets are an essential asset for businesses to stay ahead of the competition. As businesses continue to operate remotely, protecting trade secrets has become increasingly important. Seyfarth’s third installment in the 2023 Trade Secrets Webinar Series will provide valuable insights and practical tips on how to manage and safeguard your company’s confidential information in a remote work environment.

During the webinar, you will learn about

Maine and Iowa Enact Job-Specific Limitations on Noncompetites

The two states recently have enacted restrictions on noncompete agreements being used in certain professions.

In Maine, on June 1, 2023, the Governor signed into law LD 688/HP 457, entitled “An Act to Protect Access to Veterinary Care by Prohibiting Noncompete Agreements.” The act amends Maine Revised Statute title 26, § 599-A, which already prohibits an employer from entering into a noncompete with an employee if the employee is earning wages at or below 400% of the federal poverty level. The new amendment expands the noncompete ban to licensed Maine veterinarians, with a carve out for those with an ownership …

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Prudential plc and Encourages Investors with Losses to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Prudential plc and Encourages Investors with Losses to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, announced that it is investigating claims on behalf of investors of Prudential plc (“Prudential” or “the Company”) (NYSE: PUK, OTC: PUKPF) for violations of the securities laws .

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Prudential disclosed on May 31, 2023, that Chief Financial Officer James Turner had resigned during a probe of a

The NLRB Joins the Fray: Another Attack on Non-Competes | Seyfarth Shaw

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The FTC is not alone in taking aim at non-competitions. Yesterday, the NLRB’s General Counsel Jennifer Abruzzo issued a memo to all regional directors, officers-in-charge, and resident officers at the NLRB stating that non-competes in employment agreements and severance agreements violate the National Labor Relations Act except in rare circumstances. Specifically, Ms. Abruzzo claims that such covenants interfere with workers’ rights under Section 7 of the Act, which protects employees’ right to self-organize, join labor organizations, bargain collectively, and “engage in other concerted activities for the purpose of collective bargaining or other mutual aid or protection.” Thus, Ms. Abruzzo concluded,

NLRB General Counsel Issues Memo Targeting Noncompete Agreements for Nonmanagerial and Nonsupervisory Employees

The National Labor Relations Board’s top lawyer, Jennifer Abruzzo, issued a General Counsel memo today instructing the Labor Board’s Regional Directors of her position that noncompete clauses for employees protected by the National Labor Relations Act (NLRA) (ie., nonmanagerial and nonsupervisory employees) in employment contracts and severance agreements violate federal labor law except in limited circumstances. The memo, while not law, outlines her legal theory which she will present to the National Labor Relations Board, which makes law primarily through adjudication of unfair labor practice cases. The memo instructs the agency’s field offices of the position that the …

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 …

The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published May 26, 2023

LOS ANGELES, CA / ACCESSWIRE / May 26, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. (“Wheels Up” or “the Company”) (NYSE:UP) 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 25, 2023, Press release picture

Investors who purchased the Company’s securities between November 9, 2022 and March 31, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before June 19, 2023.

If you are

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Wheels Up Experience Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Wheels Up Experience Inc. (“Wheels Up” or “the Company”) (NYSE:UP) 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 11, 2023, Press release picture

Investors who purchased the Company’s securities between November 9, 2022 and March 31, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before June 19, 2023.

If you are a shareholder who has suffered a