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Trade Secret And Non-Compete Disputes Archives

Protecting company trade secrets as a new business owner

With high levels of competition in a variety of fields of operation, many businesses in Florida are constantly looking for ways to keep up with or gain an edge over rival companies. When it comes to the pursuit of success, many business owners consider it essential to take steps to protect sensitive company information. However, for those who are just starting out in the business world, knowing how to protect company trade secrets can be a challenging task.

Bass Pro accuses former employees of theft of trade secrets

Many individuals have used the experience they gain while working at a company to advance their careers and open doors to future opportunities. However, should a company in Florida believe that a person takes and continues to use sensitive information in their endeavors, it may wish to take steps to protect its business interests. Bass Pro has filed a theft of trade secrets lawsuit against two startup companies recently founded by former Cabela's employees.

Xavien accused Boeing of theft of trade secrets

Upon entering a business arrangement with another entity, companies in Florida and elsewhere may allow their new partners access to sensitive information. Should the arrangement come to an end, a company may wish to ensure its trade secrets are protected from unwarranted use. Xavien Holdings and Insurance has filed a lawsuit against Boeing accusing the aircraft developer of theft of trade secrets.

Former employee accused of violating noncompete agreement

For companies in Florida who operate in the food and beverage industry, protecting product recipes is imperative. Should an employee who had access to these recipes leave to work for a competitor, the company may wish to take steps to ensure its secrets are protected in the process. A brewery in another state has filed a lawsuit against a former employee, claiming that he violated his noncompete agreement upon accepting a position with a rival business.

Raytheon accuses former employee of theft of trade secrets

Upon choosing to turn in a letter of resignation, companies in Florida and elsewhere may expect an employee to turn over any sensitive materials before accepting a position with a competitor. Should a person retain possession of proprietary information, a company may choose to take steps to protect its business interests. Raytheon has filed a lawsuit against a former employee, accusing the man of theft of trade secrets.

Company accuses 2 of violating their noncompete agreements

Many individuals in Florida and elsewhere may constantly be on the lookout for opportunities to advance their careers. In some cases, such a pursuit could prompt a need to seek work with a different employer, and if this company operates within a similar field, noncompete disputes may arise. A veterinary services firm in another state has reportedly accused two former employees of violating their noncompete agreements and stealing proprietary information upon leaving the company to work for a competitor.

Zest Labs accuses Walmart of theft of trade secrets

The ideas and innovations that drive a company can play an integral role in its success. Many companies in Florida seek to protect such sensitive information at all costs, and if a company feels as though another party has gained access to valuable trade secrets unlawfully, it may wish to pursue restitution through litigation. Zest Labs has recently filed a lawsuit against Walmart, accusing the retail giant of stealing sensitive trade secrets.

Noncompete agreements: No-poach clauses may limit opportunities

Many individuals in Florida and elsewhere have reached a point in life where a change in employment is necessary. However, in some cases, a person's ability to obtain employment within a similar field may be restricted by the contract he or she signed with the current employer. Noncompete agreements can impact individuals within a variety of fields, and in some cases, a person might even be unaware of the presence of such an agreement.

Noncompete agreement: Walmart files lawsuit against former worker

For many individuals in Florida and elsewhere, there may come a point in life where a change of employment may be necessary. However, as the levels of competition in certain fields are continually on the rise, the process of leaving a company to work for a competitor might lead to conflict and disputes. Walmart is reportedly seeking to block a former tax executive from leaving to work for Amazon, claiming that the decision is in violation of her noncompete agreement.

Things to look out for prior to signing a noncompete agreement

Upon accepting an offer for employment, individuals in Florida and elsewhere may be asked to place their signatures on a variety documents before staring their new jobs. Regardless of the nature of the job they apply for, one of these documents could be a noncompete agreement that could prevent them from leaving to work for a competitor for a set period of time. Since these documents can be complex and subject to interpretation, gaining a clear understanding of the terms within prior to signing may be advisable.

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Barker Cook

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