Tag: what is law firm

The Defend Commerce Secrets and techniques Act and The way it Differs from State Commerce Secret Legal guidelinesThe Defend Commerce Secrets and techniques Act and The way it Differs from State Commerce Secret Legal guidelines

The Defend Commerce Secrets and techniques Act (DTSA) was enacted in 2016. The DTSA permits an proprietor of a commerce secret to sue in federal courtroom when searching for reduction for commerce secret misappropriation associated to a services or products in interstate or overseas commerce, and doesn’t preempt any state legislation. A aim of the DTSA is to “present a single, nationwide commonplace for commerce secret misappropriation with clear guidelines and predictability for everybody concerned.” S. Rep. No. 114-220, at 14 (2016). For almost all of the time, this aim is upheld. Other than establishing a relation to a services

The Schall Law Firm Encourages Investors in UP Fintech Holding Limited with Losses of $100,000 to Contact the FirmThe Schall Law Firm Encourages Investors in UP Fintech Holding Limited with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published July 19, 2023

LOS ANGELES, CA / ACCESSWIRE / July 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against UP Fintech Holding Limited (“UP Fintech” or “the Company”) (NASDAQ:TIGR) 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, Tuesday, July 18, 2023, Press release picture

Investors who purchased the Company’s securities between April 29, 2020 and May 16, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before August 21, 2023.

If you are

Not All Documents Labeled Confidential Actually Are: Texas Jury Finds $23M Trade Secret Case Was Brought in Bad Faith | Seyfarth ShawNot All Documents Labeled Confidential Actually Are: Texas Jury Finds $23M Trade Secret Case Was Brought in Bad Faith | Seyfarth Shaw

On May 31, 2023, a Harris County Texas District Court jury found a telecom company acted in bad faith by filing a $23 million trade secret misappropriation lawsuit against a rival where the underlying technology was found to not actually be a trade secret.

Background & Analysis

In February 2019, Telecom firm Teligistics, Inc. (“Teligistics”) sued its rival Advanced Personal Computing, Inc. d/b/a Liquid Networx (“Liquid Networx”) and company executives Travis Wood and Robert Short, alleging they misappropriated trade secrets concerning its online platform for handling contracts named Telibid. Specifically, Teligistics alleged a former Liquid Network employee obtained a copy

Law firm Paul Hastings extends hiring streak with Goodwin partner pair By ReutersLaw firm Paul Hastings extends hiring streak with Goodwin partner pair By Reuters


© Reuters. FILE PHOTO: Signage is seen outside of the Paul Hastings law firm in Washington, DC, US, August 30, 2020. REUTERS/Andrew Kelly

By Chinekwu Osakwe

(Reuters) – US law firm Paul Hastings said Thursday that it has hired two partners from rival Goodwin Procter as practice leaders in New York and Washington, DC

Seo Salimi is departing Goodwin after more than eight years to co-lead Paul Hastings’ equity capital markets and corporate life sciences practices in New York.

Salimi advises life sciences companies on initial public offerings, private placements, cross-border offerings, as well as capital raising strategies and US

An Update on the New York Noncompete Ban: It is Unlikely the Governor Will Sign it Anytime SoonAn Update on the New York Noncompete Ban: It is Unlikely the Governor Will Sign it Anytime Soon

We wrote previously about how nobody seemed to be talking seriously about the noncompete bill that was passed by both the New York General Assembly and Senate last month. If signed by Governor Hochul, the bill would ban non-competes without a carveout even in the sale of a business context, which both California and the Federal Trade Commission’s proposed rule includes.

Luckily, in the weeks since we wrote that post it appears that people are finally taking notice. Several legal and industry organizations in New York have either submitted or are in the process of drafting letters or otherwise reaching …

Mullen vows to ‘take action’ against illegal short sellers, and stock bouncesMullen vows to ‘take action’ against illegal short sellers, and stock bounces

Shares of Mullen Automotive Inc. bounced Wednesday, after the electric-vehicle maker said he retained a law firm to help him combat illegal naked short-selling activities.

The stock MULN,
+5.75%
bounced 2.9% in morning trading, after falling 6.3% on Monday to close at a record low of 10.1 cents. It suffered a record 85.2% monthly plunge in June, even after the company reported last week that it recorded revenue for the first time and that it was in the “best financial position” in its history.

On Wednesday, the Brea, Calif.-based company said it retained Christian Attar, formally known as Christian Levine

New York State Senate Approves Bills Banning Use of Non-Compete Agreements | Seyfarth ShawNew York State Senate Approves Bills Banning Use of Non-Compete Agreements | Seyfarth Shaw

New York is poised to join the growing number of states enacting legislation to curtail the use of non-compete agreements by employers. On June 7, 2023, the New York State Senate voted to pass Bill No. S3100A, which, if enacted, would ban all post-employment non-compete agreements, along with Bill No. S6748, which is generally aimed at preventing the establishment of monopolies, monopsonies, and restraints of trade by, among other things, curtailing the use of non-compete agreements. The Bills are currently awaiting passage by the New York State Assembly and are expected to be signed by Governor Kathy Hochul.

Key Features

Spilling Secrets Podcast: How to Pursue Damages in Trade Secrets LitigationSpilling Secrets Podcast: How to Pursue Damages in Trade Secrets Litigation

Now on Spilling Secrets, our podcast series on the future of non-compete and trade secret law:

Trade secrets and non-compete litigation can result in massive damage awards, but those cases can also be unpredictable. Many viable trade secret claims went unexplored due to financial limitations or a lack of willingness to invest in litigation.

Attorney and Spilling Secrets host Erik W. Weibust and three special guests—Epstein Becker Green’s Managing Partner, James P. Flynn; Stephanie Southwick of Omni Bridgeway; and Mary Guzman of Crown Jewel Insurance—discuss the monetization of trade secrets litigation.

* * *

Tune in to Spilling Secrets, a …