Restrictive covenants and non-compete agreements have been a frequent topic of this blog in recent months, and rightly so. Non-competitors are generally thought to be effective tools to help firms protect trade secrets and competitive advantages. However, these agreements are falling out of favor across the country – the DOJ recently files a Statement of Interest in a state court case taking the position that non-competites may violate the Sherman Antitrust Act. Further, states continue to pass laws limiting or banning the use of noncompete agreements, including Illinois, Oregon, Nevada, DCand Colorado.

But one Texas

NBA star Zion Williamson has more to celebrate than his recently announced five-year maximum rookie contract extension with the New Orleans Pelicans, worth up to $239 million. Williamson was also victorious in a lawsuit he filed against his former agent Gina Ford, and her agency Prime Sports Marketing LLC (“Prime Sports”). The case is Williamson v. Prime Sports Marketing LLC et al. in the District Court for the Middle District of North Carolina, No. 1:19-cv-00593.

Williamson entered into a marketing agreement with Ford and Prime Sports when he was just a freshman at Duke University. He brought suit in 2019,

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

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.

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

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

© 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

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.