Category: Law Firm

Final FTC Rule on Non-Competing Not Expected Before April 2024

According to Bloomberg, The Federal Trade Commission (“FTC”) is not expected to vote on the final version of a new rule that would ban non-compete clauses in employment contracts until April 2024. The rule defines a “non-compete clause” as “ a contractual term between an employer and a worker that prevents the worker from seeking or accepting employment with a person, or operating a business, after the conclusion of the worker’s employment with the employer.” As we previously reported, the proposed rule would ban employers from imposing noncompete agreements on their employees. The rule would also require employers to accept…Continue Reading

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Presto Automation Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announced that it is investigating claims on behalf of investors of Presto Automation Inc. (“Presto” or “the Company”) (NASDAQ: PRST) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Presto is the subject of a report issued by White Diamond Research on April 24, 2023, titled: “BREAKING NEWS – PRESTO AUTOMATION REMOVED THE MCDONALD’S LOGO FROM THE CUSTOMER SECTION OF ITS WEBSITE OVER…Continue Reading

Law Firm Branding Expert Rene Perras Appears on Qamar Zaman’s Subject

Article content New York, New York–(Newsfile Corp. – May 13, 2023) – CEPAC CEO Rene Perras, a leading marketing professional specializing in lawyer branding through strategic public relations (PR) efforts, is pleased to announce their upcoming appearance on the renowned Subject Matter Experts Podcast hosted by Qamar Zaman. The episode will air on May 14th, 2023, and will delve into the numerous benefits of PR for lawyers, providing valuable insights for legal professionals seeking to enhance their visibility, credibility, and reputation.Article content Qamar Zaman Host – Rene Perras Guest – PR for Lawyers in 2023 The Subject Matter Experts…Continue Reading

Secret recordings of ex-partners continue to haunt law firm Freedman Normand

(Reuters) – The plaintiffs firm once known as Roche Freedman, now redubbed Freedman Normand Friedland, has been ousted from another crypto class action because of clandestine – and embarrassing — video recordings of onetime name partner Kyle Roche. But this time, the problem wasn’t the content of the videos, in which Roche appeared to boast of his lucrative stake in blockchain company Ava Labs Inc and to suggest that he filed class actions against Ava competitors to boost Ava’s prospects. Instead, US District Judge James Donato of San Francisco removed Freedman Normand as lead counsel in a securities fraud class…Continue Reading

Epstein Becker Green Launches 50-State Noncompete Survey for Employers

Epstein Becker Green (EBG) is pleased to announce the launch of our 50-State Noncompete Survey, designed to give employers a desktop guide to the great variety and specificity of noncompete laws across the United States. EBG’s 50-State Noncompete Survey is here to help provide key insights on all of the following areas of noncompete law in your state:Are non-competitive employees permissible? Is there a general non-compete statute or other industry-specific statute and rules? Are certain employees exempt from noncompetitive? Is continued employment sufficient consideration? Are there notice-related or other unique requirements? Are customers and employees non-solvent permissible? Can noncompetes…Continue Reading

Britney Spears Paid Lawyer Mathew Rosengart Law Firm $4.2 Million for 17 Month’s Work

Britney Spears has paid the law firm of her lawyer, Mathew Rosengartmillions of dollars in legal fees, and our sources say the members of her team became agitated enough that Rosengart has now agreed to provide free legal services for the immediate future.Sources with direct knowledge tell TMZ, Britney has paid Rosengart’s firm $4,201,856 for the period November 2021 through March 2023. That represents the legal work Rosengart performed mostly after the conservation ended. Play video content 11/12/21TMZ.comOur sources say that figure represents only a part of what Britney has paid Rosengart’s firm, and that the fees…Continue Reading

DOJ Fails Again in a No-Poach Prosecution

A Ruling and Order issued on April 28, 2023 by the US District Court for the District of Connecticut in United States v. Patel, et al. ran the government’s losing streak to four failed trials seeking to criminally prosecute alleged wage-fixing and no-poach agreements. To review, in 2016 the Department of Justice (“DOJ”) and the Federal Trade Commission (“FTC”) issued Antitrust Guidance for Human Resources Professionals that warned of potential criminal prosecutions for so-called “naked” no-poach agreements, ie , agreements among competing businesses to restrict hiring or compensation of employees, untethered to any legitimate collaborative relationship.Since 2020, the DOJ…Continue Reading

(SPAC) Special Purpose Acquisition Investigation: BBAI,

SAN DIEGO, March 29, 2023 (GLOBE NEWSWIRE) — Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of law in connection with the following special purpose acquisition companies (“SPACs”): BigBear.ai Holdings, Inc. f/k/a GigCapital4 Inc. (NYSE: BBAI)Tango Therapeutics, Inc. f/k/a BCTG Acquisition Corp (NASDAQ: TNGX) Senti Biosciences Inc. f/k/a Dynamics Special Purpose Corp (NASDAQ: STI)Boxed, Inc. f/k/a Seven Oaks Acquisition Corp (NYSE: BOX D). If you are an investor who has suffered losses in connection with any of the SPACs purchased below: Click or paste the following web address into your browser to submit your losses: BigBear.ai Holdings,…Continue Reading