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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. ” Another SEC official also commented that “[t]hose drafting or using confidentiality agreements need to ensure that they do not include provisions that impede potential whistleblowers.”

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FICO Blasts Discovery 'Sideshows' In VantageScore Suit

IP Law 360

An Illinois federal judge handling antitrust claims targeting the credit-scoring market should disregard the "sideshows" customers lodged by requesting confidential settlement records and other documents that are too far removed from the case's core issues, Fair Isaac Corp. argued on Wednesday.

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NLRB to Release Memo Clarifying Impact of McLaren Macombs on Confidentiality and Non-Disparagement Restrictions

LexBlog IP

The Board sent shockwaves through employment law in its February 21, 2023, decision in McLaren Macomb , which held that simply offering a draft settlement agreement with broad confidentiality and non-disparagement provisions violated the National Labor Relations Act (“NLRA”). Are those impacted by this decision?

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Celltrion Stelara (Ustekinumab) Settlement With J&J

LexBlog IP

It has been reported that Celltrion has finalized a settlement with Johnson & Johnson (“J&J”) in the United States relating to CT-P43, Celltrion’s ustekinumab biosimilar to J&J’s STELARA®, which would permit Celltrion to launch the product in the U.S. market on March 7, 2025, if approved by FDA.

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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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Formycon/Fresenius Kabi and Samsung Bioepis Settlements with J&J and Janssen Biotech regarding Ustekinumab

LexBlog IP

On August 7, 2023, Formycon AG and Fresenius Kabi announced that they have reached a settlement with Johnson & Johnson (“J&J”) in the United States relating to FYB202, a proposed ustekinumab biosimilar to STELARA®, marketed by J&J. Economic terms of the settlement were not disclosed in the press release.

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Apple Settles Rivos Trade Secrets Fight With Ex-Engineers

IP Law 360

Apple has reached settlements with six former engineers it accused of stealing trade secrets and sharing them with startup chipmaker Rivos Inc., deals in which the engineers agreed to delete or return to Apple confidential information in their possession, according to notices filed in California federal court.