Final FTC Rule on Non-Competing Not Expected Before April 2024

According to Bloomberg, The Federal Trade Commission (“FTC”) is not expected to vote on the final version of a new rule that would ban non-compete clauses in employment contracts until April 2024. The rule defines a “non-compete clause” as “ a contractual term between an employer and a worker that prevents the worker from seeking or accepting employment with a person, or operating a business, after the conclusion of the worker’s employment with the employer.”

As we previously reported, the proposed rule would ban employers from imposing noncompete agreements on their employees. The rule would also require employers to accept …

The Schall Law Firm Encourages Investors in DISH Network Corporation with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published May 22, 2023

LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminded investors of a class action lawsuit against DISH Network Corporation (“Dish” or “the Company”) (NASDAQ:DISH) 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 February 22, 2021 and February 27, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before May 22, 2023.

If you are a

UK Government Moves to Limit Non-Competes | Seyfarth Shaw

The UK government has announced that it will bring in legislation to restrict the post-employment non-compete restraints to three months. This is a significant proposal as currently non-compete restrictions in the UK are generally capable of being enforced for a period up to 12 months (if they are “no more restrictive than is reasonably necessary to protect the employer’s legitimate business interests”). Whilst this means a 12 month period will usually only be appropriate for very senior employees, in practice non-competes are commonly expressed to apply for six or nine months post-termination.

The announcement comes following a government consultation, in

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PROCEPT BioRobotics Corporation and Encourages Investors with Losses to

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against PROCEPT BioRobotics Corporation 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 PROCEPT BioRobotics Corporation (“Procept” or “the Company”) (NASDAQ: PRCT) 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.

If you are a shareholder who has suffered a loss, click here to participate.

We also encourage you to contact

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

ROSEN, A TOP RANKED FIRM, Encourages Stanley Black & Decker, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action

NEW YORK, April 13, 2023 /PRNewswire/ —

Rosen Law Firm, PA Logo

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the common stock of Stanley Black & Decker, Inc. (NYSE: SWK) between October 28, 2021 and July 28, 2022both dates inclusive (the “Class Period”), of the important May 23, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Stanley Black & Decker common stock 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 Stanley Black

Indian law firms ask entry of foreign firms to be put on hold-letters

NEW DELHI, March 31 (Reuters) – A group of 125 law firms has called for a reform that will allow the entry of foreign firms into India to be put on hold, calling the proposal “discriminatory” and saying it creates an unlevel playing field between local and overseas companies.

In a 20-page letter to the Bar Council of India, dated March 30 and seen by Reuters, the Society of Indian Law Firms (SILF) argued that domestic reforms were needed before the market could be opened.

India’s Bar Council did not respond to Reuters’ request for comment on the letter.

India

Law firm Arnold & Porter hires New York Fed attorney amid banking crisis

(Reuters) – US law firm Arnold & Porter Kaye Scholer said Monday it hired a former top lawyer at the New York Federal Reserve as a partner in the firm’s financial services practice.

James Bergin, who will be based in the firm’s New York office, will advise banking and other financial services clients on regulatory issues as the sector grapples with an ongoing crisis, particularly among US regional banks.

Bergin spent about 18 years at the New York Fed, most recently as acting co-general counsel and deputy general counsel, where he advised on monetary policy and helped the regulator respond