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SEC Continues to Police Confidentiality Provisions for Theoretical Whistleblower Suppression

Trading Secrets

Morgan Securities, LLC (“JPMS”) for allegedly including overbroad release provisions in settlement agreements. The Securities and Exchange Commission (“SEC”) levied an $18 million fine against J.P. with respect to such communications.” However, Rule 21f-17(a) does not create a private right of action.

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SEC Continues to Police Confidentiality Provisions for Theoretical Whistleblower Suppression

LexBlog IP

Morgan Securities, LLC (“JPMS”) for allegedly including overbroad release provisions in settlement agreements. The Securities and Exchange Commission (“SEC”) levied an $18 million fine against J.P. with respect to such communications.” ” However, Rule 21f-17(a) does not create a private right of action.

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NDA: An Effective Way to Protect Confidential Information

LexBlog IP

A settlement agreement was reached where Elation could inspect the software developed by Shi and prevent the use of any trade secrets or confidential information. The jury also found Shi breached the settlement agreement. Elation could then reinspect the software both before and after the first sale of the product by Shi.

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Court of Appeal grapples with US v UK confidentiality in Autostore v Ocado without prejudice discussions

The IPKat

Their English solicitors were negotiating settlement. Before the third settlement negotiation meeting AutoStore’s solicitor sent a document (‘the Document’) as advance materials. Before the third settlement negotiation meeting AutoStore’s solicitor sent a document (‘the Document’) as advance materials. Ocado appealed.

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Daniel Alexander KC says "no" on indemnity costs, blanket confidentiality orders and permission to appeal in Oxford University Innovation dispute

The IPKat

In the consequentials hearing judgment [2023] EWHC 138 , the Judge dealt with (1) royalty payments; (2) costs; (3) confidentiality; and (4) permission to appeal. Of the most interesting to this Kat was the treatment of costs (well, some of them), confidentiality and permission to appeal. The result being that money was due.

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Hollywood Demands $16.35m From Operator of Pirate IPTV Services

TorrentFreak

A settlement proposal included a clause that Tusa couldn’t launch or be involved with any similar services. While Area 51 was shut down before the proposed settlement was signed, the plaintiffs claim that Tusa then launched a clone service called SingularityMedia which took on Area 51’s customers. Breach of Contract.

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Is the NLRB’s New Stance on Restrictive Covenants Mostly Bark With a Little Bite?

Trading Secrets

An employee had an agreement with a company that placed restrictions on the employee’s ability to solicit or accept business from the company’s customers, to disclose confidential information, and to have competitive employment during the term of employment. On January 29, 2024, the Region reached a settlement with the respondent company.