FTC Proposes Rule Banning Use of Non-Competes with Employees and Workers and Limiting Employer Protections Against Unfair Competition | Seyfarth Shaw

Earlier today, the Federal Trade Commission (“FTC”) published a proposed rule which would ban all non-compete agreements between employers and “workers” (broadly defined to include employees, independent contractors, interns, and others). If adopted, the proposed rule will bar both prospective and existing non-compete agreements. The FTC included an overview fact sheet describing the proposed rule.

The FTC is seeking public comment on the proposed rule, which is based on a preliminary finding that non-competitives constitute an unfair method of competition and therefore violates Section 5 of the Federal Trade Commission Act. This proposed rule aligns with the FTC’s recent statement

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Twist Bioscience Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of February

Published: Jan. 4, 2023 at 5:45 AM EST|Updated: 18 hours ago

NEW YORK, Jan. 4, 2023 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Twist Bioscience Corporation.

Shareholders who purchased shares of TWST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

PERIOD CLASS: This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Twist common stock between December 13,

Connecticut Trade Secret Laws: 2022 Update

Thomson Reuters Practical Law has released an update to “Trade Secret Laws: Connecticut,” a Q&A guide to state law on trade secrets and confidentiality for private employers in Connecticut, co-authored by our colleagues David S. Poppick and Carol J. Faherty, attorneys at Epstein Becker Green.

Following is an excerpt:

This Q&A addresses the state-specific definition of trade secrets and the legal requirements relating to protecting them. Federal, local, or municipal laws may impose additional or different requirements. Answers to questions can be compared across several jurisdictions. …

In particular, this Q&A addresses:

    • Overview of State Trade Secret Law
    • Definition of

Companies That Use Noncompetites Face Increased Risk of Government Action Following FTC’s Unilateral Expansion of Its Enforcement Powers

Maybe we were wrong. Or perhaps we were just not thinking creatively enough. After President Biden issued his “Executive Order on Promoting Competition in the American Economy,” in which he “encourage[d]” the Federal Trade Commission (FTC) to “consider” exercising its statutory rulemaking authority “to curtail the unfair use of non-compete clauses and other clauses or agreements that may unfairly limit worker mobility,” we assumed that Lina Khan, the 33- year-old Biden-appointed Chair of the FTC (and a vocal opponent of non-competes), would take the torch and propose a Rule prohibiting, or at the very least severely limiting, the use of …

ROSEN, A LEADING LAW FIRM, Encourages BioLineRx Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm – BLRX –

NEW YORK, NY / ACCESSWIRE / February 5, 2023 / Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of BioLineRx Ltd. BLRX between February 23, 2021 and September 19, 2022, both dates inclusive (the “Class Period”), of the important March 6, 2023 lead plaintiff deadline.

SO WHAT: If you purchased BioLine securities 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 BioLine class action, go to https://rosenlegal.com/submit-form/?case_id=8781 or call Phillip Kim, Esq. toll-free at

Well-known Charleston SC lawyer David Aylor died at 41

David Aylor

David Aylor

Photo courtesy of David Aylor Law Offices

David Aylor, a well-known Charleston attorney, has died, according to his law firm.

Aylor was 41. The Charleston County Coroner’s Office did not immediately respond to a request for comment.

A cause of death was not immediately available.

Multiple media reports said Aylor was found dead at his downtown Charleston home Monday.

“David was known for his generous and helpful spirit. He cared deeply for his employees and clients. He treated us all like family. David’s legacy of grit, hard work, and community focus remains and will continue to

Pinkerton Tobacco v. Kretek Int’l: Defendant’s Statute of Limitations Argument Goes Up in Smoke

A Central District of California court recently denied a defendant’s motion for summary judgment where the defendant argued that the plaintiff’s claims for trade secret misappropriation were barred by the applicable statute of limitations. The court determined that the statute of limitations did not bar the plaintiff’s claim because a reasonable jury could find that the plaintiff did not have reason to believe that all of the elements of its trade secret misappropriation claim were met prior to the bar date. In particular, the court concluded that a reasonable jury could find that the plaintiff did not have reason to

PTON ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of August 8, 2023 in the Class Action Filed on Behalf of Peloton Interactive, Inc.

NEW YORK, Aug. 8, 2023 /PRNewswire/ — The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Peloton Interactive, Inc. PTON alleging that the Company violated federal securities laws.

Class Period: May 10, 2022 to May 10, 2023
Lead Plaintiff Deadline: August 8, 2023
No obligation or cost to you.

Learn more about your recoverable losses in PTON:
https://www.kleinstocklaw.com/pslra-1/peloton-lawsuit-loss-submission-form?id=43077&from=4

Peloton Interactive, Inc. NEWS – PTON NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Peloton Interactive, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the