Gas Lease Dispute Leads to Property Damage
A Pennsylvania man was recently arrested and charged with criminal mischief, according to a July 21 report in the Williamsport Sun-Gazette. The suspect smashed out 34 windows at a gas company building. He also damaged a window on a parked truck on the property. According to court documents, the suspect confessed to the crime, stating it was done out of anger over not getting money he was owed...
Read MoreCapital One Sues Former Employee for Breach of Non-Compete Agreement
A former head of banking is being sued by Capital One for breaching the company’s non-compete agreement, according to a July 14th Wall Street Journal report. The employee, now the chairman and chief executive of BankUnited, Inc., had agreed not to compete with Capital One in the New York market when he left the company. BankUnited recently agreed to buy Herald National Bank of New York,...
Read MoreFormer Merrill Lynch Advisers Accused of Defamation
A July 20th MarketWatch report states that brokerage firm Merrill Lynch accused two former advisers of making misleading and false statements to Merrill Lynch customers regarding the company’s stability, according to legal documents obtained by Dow Jones Newswires. The brokerage claims the former employees defamed the company in a media interview and to clients. The former advisers were...
Read MoreHow to Protect Your Business Documents and Trade Secrets
A company’s trade secrets and proprietary information are crucial to the success of the company, making it highly valuable. To protect such information, companies require employees to sign non-compete or non-disclosure agreements and employ various security measures to guard confidential business documents. When a company’s trade secrets end up in the wrong hands, namely a primary...
Read MoreHow to Create a Non-Compete Agreement
Non-complete agreements are becoming more commonplace in many businesses today. A non-complete agreement is an agreement signed by an employee in which he promises not to work for a direct competitor for a specified time frame after he leaves the company. Non-compete protect a company’s confidential information and trade secrets from ending up in the hands of competitors or other entities...
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