Jawbone Sues Rival Fitbit for Third Time in Two Months

15 07 2015

Jawbone has filed another legal action against rival fitness tracker company Fitbit – the third in two months.

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The content in this post was found at http://blogs.wsj.com/law/2015/07/08/jawbone-sues-rival-fitbit-for-third-time-in-two-months/and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.



Hawaii Bans Non-Compete and Non-Solicit Agreements with Technology Workers

10 07 2015

Hawaii joined the small list of states that prohibit certain non-compete agreements with employees.

On June 26, 2015, Hawaii’s governor David Ige signed Act 158 which voids any “noncompete clause or a nonsolicit clause in any employment contract relating to an employee of a technology business.”

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The content in this post was found at http://www.tradesecretslaw.com/2015/07/articles/trade-secrets/hawaii-bans-non-compete-and-non-solicit-agreements-with-technology-workers/ and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.



Judge overturns conviction of former Goldman Sachs programmer

10 07 2015

The New York State Supreme Court has overturned the second conviction of Sergey Aleynikov, a former programmer accused of stealing high-frequency trading source code after leaving Goldman Sachs in 2009.

The Russian-American programmer, who was featured in the book Flash Boys, was previously convicted in federal court in 2010 on one count of stealing trade secrets and one count of transporting stolen property.

He was released from prison when the United States Court of Appeals for the Second Circuit overturned the conviction in 2012.

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The content in this post was found at http://arstechnica.com/tech-policy/2015/07/former-goldman-sachs-programmer-wins-criminal-case-on-appeal-again/ and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.



Jawbone Sues Rival Fitbit for Third Time in Two Months

10 07 2015

Jawbone has filed another legal action against rival fitness tracker company Fitbit – the third in two months.

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The content in this post was found at http://blogs.wsj.com/law/2015/07/08/jawbone-sues-rival-fitbit-for-third-time-in-two-months/

and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.



Congress Should MOVE To Restrict Employee Non-Compete Clauses (Forbes Cross-Post)

10 07 2015
Newly hired employees routinely must accept non-compete restrictions as a condition of employment, but don’t interpret the ubiquity of non-compete clauses as a signal that they are a good idea. By restricting future competition for employees’ labor, employee non-competition clauses hurt marketplace efficiency just like you’d expect. Indeed, one of the key ingredients in Silicon Valley’s “secret sauce” is California’s long-standing categorical rejection of employee non-competes, compared to other states’ tolerance for such restrictions. Undoubtedly, society would benefit if we eliminated these distortions on marketplace competition for labor.

Fortunately, Congress is taking notice. In an effort to crack down on the overuse of employee non-compete restrictions, several Senators are sponsoring S. 1504, the “Mobility and Opportunity for Vulnerable Employees Act” (or MOVE Act).

The Act has two main provisions. First, the Act makes it illegal to impose non-compete restrictions on “low-wage” employees, generally defined as employees earning less than $15/hour (or minimum wage, if higher) or an annual salary of $31,200. These dollar thresholds escalate over time. Second, for all other employees working in interstate commerce, the law requires employers to disclose that they will require non-compete restrictions early in the job search process. The Act says such disclosure should be “at the beginning of the process for hiring such employee.” Violations are enforced by the Department of Labor.

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The content in this post was found at http://blog.ericgoldman.org/archives/2015/07/congress-should-move-to-restrict-employee-non-compete-clauses-forbes-cross-post.htm and was not authored by the moderators of freeforafee.com. Clicking the title link will take you to the source of the post.