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

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Enovix Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 7, 2023

NEW YORK, Feb. 15, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Enovix Corporation.

Shareholders who purchased shares of ENVX during the class period listed 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:
https://securitiesclasslaw.com/securities/enovix-class-action-submission-form/?id=36520&from=4

PERIOD CLASS: This lawsuit is on behalf of all investors who purchased or otherwise acquired Enovix common stock (or Rodgers Silicon Valley Acquisition Corp. common stock prior to July 15, 2021) between February 22, 2021 and January 3, 2023inclusive.

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

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Invivyd To Contact Him Directly To Discuss

NEW YORK, Feb. 11, 2023 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Invivyd, Inc. f/k/a Adagio Therapeutics, Inc. (“Invivyd” or the “Company”) (NASDAQ: IVVD) and reminds investors of the April 3, 2023 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi Logo (PRNewsfoto/Faruqi & Faruqi, LLP)

If you have suffered losses exceeding $100,000 invest in Invivid stock or options between November 29, 2021 and December 14, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partners Josh Wilson

The Klein Law Firm Announces a Lead Plaintiff Deadline of April 3, 2023 in the Class Action Filed on Behalf of Invivyd, Inc. f/k/a Adagio Therapeutics, Inc.

NEW YORK, Feb. 7, 2023 /PRNewswire/ — The Klein Law Firm announced that a class action complaint has been filed on behalf of shareholders of Invivyd, Inc. f/k/a Adagio Therapeutics, Inc. (NASDAQ: IVVD) alleging that the Company violated federal securities laws.

This lawsuit is on behalf of all purchasers of Adagio common stock between November 29, 2021 and December 14, 2021both dates inclusive.
Lead Plaintiff Deadline: April 3, 2023
No obligation or cost to you.

Learn more about your recoverable losses in IVVD:
https://www.kleinstocklaw.com/pslra-1/invivyd-class-action-submission-form?id=36279&from=4

Invivid, Inc. f/k/a Adagio Therapeutics, Inc. NEWS – IVVD NEWS

CLASS ACTION CASE DETAILS:

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Daktronics, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action

NEW YORK, Jan. 31, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Daktronics, Inc. (NASDAQ:DAKT) between March 10, 2022 and December 6, 2022both dates inclusive (the “Class Period”), of the important February 21, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Daktronics 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 the Daktronics class action, go to https://rosenlegal.com/submit-form/?case_id=10608 or call Philip Kim, Esq.

100 Industry Organizations Request Extension of Comment Period on FTC’s Proposed Noncompete Ban

As we predicted, earlier today, 100 industry organizations submitted a request to the Federal Trade Commission (FTC) to extend the comment period for its proposed rule banning non-competes nationwide by an additional 60 days. According to the letter, “[t]he regulated community should be given sufficient time to assess the potential consequences of the rulemaking and develop insightful comments for the Commission to consider.” The letter further states:

This rulemaking, as the FTC itself acknowledges, will impact a significant portion of the economy. Given the breadth of the rules, a sufficient comment period is needed to ensure the regulated community can

Tire Nichols’ death raises tough questions about race in policing

In the long sequence of high-profile deaths of Black men at the hands of American police, the death of Tyre Nichols in Memphis shared many of the same hallmarks: a traffic stop that turned violent, an outraged community and a critical release of video footage .

But the case was unique in another way. All five police officers now charged with his murder are Black.

How the officers’ race will influence the protesters in the streets – and any future jury in the courtroom – remains to be seen. But experts, activists and attorneys told USA TODAY that the race