Garden Leave Provisions in Employment Agreements: 2023 Update

Thomson Reuters Practical Law has released the 2023 update to “Garden Leave Provisions in Employment Agreements,” co-authored by our colleague Peter A. Steinmeyer and Lauri F. Rasnick.

The Note discusses garden leave provisions in employment agreements as an alternative or a companion to traditional employee non-compete agreements. It addresses the differences between garden leave and non-compete provisions, the benefits and drawbacks of garden leave, and drafting considerations for employers that wish to use garden leave provisions. This Note applies to private employers and is jurisdiction neutral.

Following is an excerpt (see below to download the full version in PDF format):…

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

Preparing for Non-Compete Litigation: 2023 Update

Thomson Reuters Practical Law has released the 2023 update to “Preparing for Non-Compete Litigation,” co-authored by our colleague Peter A. Steinmeyer.

Following is an excerpt (see below to download the full version in PDF format):

Non-compete litigation is typically fast-paced and expensive. An employer must act quickly when it suspects that an employee or former employee is violating a non-compete agreement (also referred to as a non-competition agreement or non-compete). It is critical to confirm that there is sufficient factual and legal support before initiating legal action. Filing a complaint for monetary damages or a request for an injunction can …

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:

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

Upcoming Webinars! FTC Proposes Rule Banning Use of Non-Competes. Now What? | Seyfarth Shaw

Thursday, January 12, 2023
3:00 pm to 4:00 pm Eastern
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12:00 pm to 1:00 pm Pacific

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In the first installment of the 2023 Trade Secrets & Non-Competes Webinar Series, our team will focus on the new Federal Trade Commission’s (“FTC”) proposed rule banning the use of non-competites with employees and workers. If adopted, the proposed rule will bar both prospective and existing non-compete agreements. The proposed rule comes after allegations that some employers were abusing non-compete agreements by deploying such agreements in ways that go well

Upcoming Webinars! 2022 Trade Secrets & Non-Competes Year in Review | Seyfarth Shaw

Trade Secrets Year in Review Webinar

Tuesday, January 24, 2023
1:00 pm to 2:00 pm Eastern
12:00 pm to 1:00 pm Central
11:00 am to 12:00 pm Mountain
10:00 am to 11:00 am Pacific

REGISTER HERE

In the second installment of the 2023 Trade Secrets Webinar Series, Seyfarth attorneys will review the noteworthy legislation, cases, and legal developments from across the nation over the last year in the areas of trade secrets and data theft, non-competes and other restrictive covenants , and computer fraud. Plus, they will provide predictions for what to expect in 2023.

Seyfarth attorneys, Michael Wexler, Robert Milligan, and Joshua Salinas will address