Tag Archives: trade secret

Game industry executive’s job-hopping mistake leads to `Game Over’ jury verdict for Facebook/Oculus

Hours after a Dallas jury returned its $500 million verdict for ZeniMax over claims that Facebook and Oculus unfairly used its virtual reality coding, the creator of that code, John Carmack, took to social media to continue his defense. Carmack, … Continue reading

Posted in Complaints Against Executives, Confidential Information, Executive contracts, Litigation, Non-Competes, Trade Secrets | Tagged , , , , , , , , , | Comments Off on Game industry executive’s job-hopping mistake leads to `Game Over’ jury verdict for Facebook/Oculus

Who Says There’s No Crying in Baseball?

To those who shrug off cybertheft as a victimless crime that shouldn’t involve any real punishment, there’s a federal judge in Houston who just officially delivered a very different message on the subject. U.S. District Judge Lynn Hughes sentenced former … Continue reading

Posted in Confidential Information, Corporate culture, Criminal Prosecutions, Defend Trade Secrets Act, Trade Secrets | Tagged , , , | 1 Comment

UPDATED: Trade Secret Proposal Has Won Over Congress & The President, But Not Me

Who says Congress can’t agree on anything these days? By an overwhelming vote of 410-2, the House recently approved the Defend Trade Secret Act (DTSA). The Senate already has passed the proposal and President Obama is expected to sign it … Continue reading

Posted in Confidential Information, Defend Trade Secrets Act, Litigation, Trade Secrets, Uniform Trade Secrets Act | Tagged , , , , , , , | Comments Off on UPDATED: Trade Secret Proposal Has Won Over Congress & The President, But Not Me

What’s the Best Way to Take People With You to a New Company?

I’ve devoted a couple of blogs (here and here) to what things executives should and should not take with them when they change employers. Simply playing that part right can help avoid litigation with former employers. Where it gets really … Continue reading

Posted in CEOs, Executive contracts, Fiduciary Duty, Legal, Litigation, Non-Competes, Trade Secrets | Tagged , , , , , , , , , , | Comments Off on What’s the Best Way to Take People With You to a New Company?

Changing Jobs? Here’s What Not to Take With You

In my last blog, I discussed what executives should take with them when they’re leaving their company. In this blog, we’ll go over something just as important: what they shouldn’t take with them. The short answer is, besides the employment … Continue reading

Posted in CEOs, Complaints Against Executives, Executive contracts, Legal, Litigation, Trade Secrets, Uncategorized | Tagged , , , , , , , , , | Comments Off on Changing Jobs? Here’s What Not to Take With You

Executives Should Proceed With Caution When Changing Jobs

One of the biggest, and most likely, legal headaches highly placed executives can give themselves involves their actions just before and just after leaving one company and joining another. An executive’s actions during this time are critical to avoid getting … Continue reading

Posted in CEOs, Complaints Against Executives, Executive contracts, Fiduciary Duty, Legal, Litigation, Non-Competes, Trade Secrets | Tagged , , , , , , , , | Comments Off on Executives Should Proceed With Caution When Changing Jobs

Covenants Not to Compete: Rocky but Navigable

One of the trickiest areas for executives who are looking to move to a new job or considering the sale of a business is the covenant not to compete. Whether an executive has signed one of these contracts with a … Continue reading

Posted in CEOs, Executive contracts, Non-Competes, Trade Secrets | Tagged , , , , | Comments Off on Covenants Not to Compete: Rocky but Navigable