TRADE SECRETS / NON-COMPETE

Settled a case where a business analyst for a financial services company left and went to a competitor and used at his new company financial information he acquired on clients of his former employee. When the former employer threatened to file a lawsuit seeking injunctive relief and damages, the employee threatened a counter claim for violation of non-compete laws.

Resolved a dispute in which a former Vice-President of Sales had a falling out with upper management and negotiated a lucrative severance pay agreement as part of a resignation/ termination package. The agreement contained a non-compete provision for the duration of the monthly pay received pursuant to the resignation-severance pay agreement. When the Plaintiff started up a competing company entity, Defendant stopped the severance payments and then Plaintiff brought an action against Defendant.