Upcoming Webinars! NLRB and Restrictive Covenants: Trends in Employment Confidentiality | Seyfarth Shaw

Wednesday, July 19, 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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Confidentiality obligations and restrictive covenants are crucial tools employed by organizations to protect sensitive information, trade secrets and competitive advantages. However, recent state law and regulatory developments and NLRB decisions have created a complex web of considerations that employers must navigate when drafting and enforcing these agreements. Seyfarth’s fourth installment in the 2023 Trade Secrets Webinar Series aims to provide in-depth insights into two key areas of concern: carveouts to

ROSEN, A LEADING LAW FIRM, Encourages Stem, Inc. f/k/a Star Peak Energy Transition Corp. Investors to Secure Counsel Before Important Deadline in Securities

Published: Jun. 24, 2023 at 3:09 PM PDT|Updated: 15 hours ago

NEW YORK, June 24, 2023 /PRNewswire/ —

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

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers and acquirers of the securities of Stem, Inc. f/k/a Star Peak Energy Transition Corp. (NYSE: STEM, STEM.WT, STPK.U): (i) pursuant and/or traceable to the offering documents issued in connection with the merger (“Merger”) consummated on April 28, 2021 by and among the Company, STPK Merger Sup Corp. (“Merger Sub”), and Stem, Inc., (“Legacy Stem”); and/or (ii) between March 4,

New York Update: Bill Banning Non-Competes Passes State Assembly and Awaits Signature by Governor Hochul | Seyfarth Shaw

Following the recent passage through the New York State Senate, on June 20, 2023, the New York State Assembly voted to approve a bill, which, if enacted, would ban all post-employment non-compete agreements. We previously reported on the key features of Senate Bill S3100A here. Assembly Bill A1278 is now headed to Governor Hochul’s desk for review, and she has 30 days from receipt to consider the Bill. Given her 2022 State of the State agenda in which Governor Hochul explicitly wrote in favor of legislation to eliminate certain non-compete agreements, expectations are that she will sign the Bill into

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

REGISTER HERE

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 …

NLRB Finds Its First Noncompete Target—and Its Charges Go Well Beyond an “Overbroad” Noncompete

The National Labor Relations Board (NLRB) has found its first target under recent guidance issued in a memo from its General Counsel claiming that noncompete agreements may violate the National Labor Relations Act (NLRA). According to Bloomberg Law, “[t]the NLRB’s first enforcement action against an employer’s noncompete agreement targeted a Michigan cannabis processor and ended with a recent private settlement resolving the alleged labor law violations.” (The enforcement action predates the guidance memo). Bloomberg obtained redacted documents from the case via a Freedom of Information Act request.

As we previously reported, on May 31, 2023, the NLRB’s top lawyer, Jennifer …

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

Did the NLRB Preempt Non-Compete Litigation? | Seyfarth Shaw

Over the last week, two apparently unconnected events happened that impacted restrictive covenants and labor laws. First, the National Labor Relations Board’s General Counsel, Jennifer Abruzzo, issued a memorandum opinion that certain non-compete agreements may violate the National Labor Relations Act by suppressing workers’ ability to engage in protected concerted activity. Second, the Supreme Court issued the Glacier Northwest, Inc. v. Teamsters decision, where it was held that allegedly intentional destruction of property by a union was not covered by Garmon preemption, a preemption rule that restricts state courts from adjudicating state law claims that actually or arguably constitute an