Not 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

The Klein Law Firm Announces a Lead Plaintiff Deadline of August 15, 2023 in the Class Action Filed on Behalf of Triplepoint Venture Growth BDC Corp.

NEW YORK, July 11, 2023 /PRNewswire/ — The Klein Law Firm announced that a class action complaint has been filed on behalf of shareholders of Triplepoint Venture Growth BDC Corp. (NYSE: TPVG) alleging that the Company violated federal securities laws.

Class Period: March 4, 2020 to May 1, 2023
Lead Plaintiff Deadline: August 15, 2023
No obligation or cost to you.

Learn more about your recoverable losses in TPVG:
https://www.kleinstocklaw.com/pslra-1/triplepoint-lawsuit-loss-submission-form?id=41922&from=4

Triplepoint Venture Growth BDC Corp. NEWS – TPVG NEWS

CLASS ACTION CASE DETAILS: The filed complaint alleges that Triplepoint Venture Growth BDC Corp. made materially false and/or misleading statements

Elon Musk sues law firm that represented Twitter amid his buyout over its ‘unconscionable’ $90M fee

Elon Musk’s Twitter is suing heavyweight merger law firm Wachtell, Lipton, Rosen & Katz LLP over “unconscionable,” “last minute” legal fees it charged last year when the group was hired by the social media platform amid the fight over the Tesla CEO’s takeover .

Musk’s X Corp., which owns Twitter, is seeking to recoup “any associated excess fee payment” and attorney’s fees from the $90 million Twitter paid in 2022 to keep the billionaire from backing out

Webinar Recap! Managing Trade Secrets in a Remote Work Environment | Seyfarth Shaw

In Seyfarth’s third installment in the 2023 Trade Secrets Webinar Series providing valuable insights into navigating this evolving landscape, Seyfarth attorneys covered a range of topics, including the latest technology threats, the importance of communication and training, revisiting confidentiality policies, alternative trade secret protections, and updating restrictive covenant agreements. Here are the key takeaways from the Seyfarth webinar:

  1. Staying Informed about Technology Threats: Employers must stay up to date with the latest technology employees can use to misappropriate sensitive data. This includes being aware of potential tools and methods that could compromise trade secrets. Equally important is keeping abreast of

Law 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 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 …

The Schall Law Firm Encourages Investors in Spirit AeroSystems Holdings, Inc. with Losses of $100,000 to Contact the Firm

PRESS RELEASE

Published July 5, 2023

LOS ANGELES, CA / ACCESSWIRE / July 5, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Spirit AeroSystems Holdings, Inc. (“Spirit” or “the Company”) (NYSE:SPR) 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, Sunday, July 2, 2023, Press release picture

Investors who purchased the Company’s securities between April 8, 2020 and April 13, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before July 5, 2023.

If you are

JULY DEADLINE ALERT: The Schall Law Firm Encourages Investors in Cutera, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cutera, Inc. (“Cutera” or “the Company”) (NASDAQ:CUTR) 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, Sunday, July 2, 2023, Press release picture

Investors who purchased the Company’s securities between February 17, 2021 and May 9, 2023, inclusive (the “Class Period”), are encouraged to contact the firm before July 24, 2023.

If you are a shareholder who has suffered a loss, click