After being slapped with a post-trial judgment last April totaling $2.2 million for misappropriation of confidential and proprietary information, two Wyoming bank executives were named in an unprecedented “Notice of Intent to...more
3/14/2019
/ Banks ,
Breach of Duty ,
Confidential Information ,
Criminal Conspiracy ,
Federal Reserve ,
Fiduciary Duty ,
FSB ,
Misappropriation ,
Orders of Prohibition ,
Post-Trial Order ,
Proprietary Information ,
Trade Secrets
On Monday, January 29th, Faraday & Future Inc., the electric car manufacturer founded by Chinese billionaire and entrepreneur Jia Yueting, filed a one-count Defend Trade Secrets Act complaint against Evelozcity, Inc., an...more
The Massachusetts legislature is back at it again. Under new leadership, the Joint Committee on Labor & Workforce Development recently scheduled a hearing for October 31, 2017 on the non-compete reform bills proposed in...more
The Defend Trade Secrets Act (DTSA) states very clearly that an injunction issued pursuant thereto may not “prevent a person from entering into an employment relationship,” and that any conditions placed on a former...more
7/12/2017
/ Confidential Information ,
Corporate Counsel ,
Defend Trade Secrets Act (DTSA) ,
Employment Contract ,
Employment Litigation ,
Inevitable Disclosure Doctrine ,
Injunctions ,
Intellectual Property Protection ,
Misappropriation ,
Non-Compete Agreements ,
Non-Solicitation Agreements ,
Trade Secrets ,
TRO
Last Friday, on January 20, 2017, the Massachusetts Legislature began its annual tradition of attempting to promulgate non-compete and trade secret reform in the Commonwealth. A new bill has been filed by the same legislators...more
This past Spring, we reported on the recently enacted Defend Trade Secrets Act (“DTSA”), which provides a new federal civil cause of action to trade secret owners seeking to pursue claims of trade secret misappropriation. ...more
12/21/2016
/ Affirmative Defenses ,
Confidential Information ,
Conversion ,
Corporate Counsel ,
Defend Trade Secrets Act (DTSA) ,
Evidence ,
Immunity ,
Misappropriation ,
Motion to Compel ,
Motion to Dismiss ,
Preliminary Injunctions ,
Trade Secrets ,
Whistleblowers
As the Obama administration winds down, its regulators are showing no signs of letting up. Last week the Commodities Futures Trading Commission (CFTC) decided that it should no longer be constrained by its subpoena power...more
11/11/2016
/ Algorithmic Trading ,
Barack Obama ,
CFTC ,
Commodity Futures Contracts ,
Due Process ,
ETFs ,
New Regulations ,
Popular ,
Public Comment ,
Subpoenas ,
Trade Secrets ,
Trump Administration
The U.S. Department of Treasury recently released a study on the effect of non-compete agreements, taking a hard line with respect to their social and economic benefits and purported harms. Specifically, while the authors of...more