Last week, the U.S. Federal Trade Commission issued a rule banning provisions in employment contracts that forbid employees to work for a competitor after they quit or are fired. Within hours, a Texas ...
The Federal Trade Commission (FTC) issued a final rule in April that will invalidate existing non-compete agreements and non-compete clauses in agreements. There is a carve-out for an EXISTING ...
A former Hightower advisor is suing the firm, alleging that the non-compete agreement he signed is so sweeping that it’s restricting his ability to gain further employment. Darren Reinig, a resident ...
Arisa Chattasa Photo via Unsplash. Goodbye, non-competes. The U.S. Federal Trade Commission today released its final rules addressing non-compete clauses by banning all future agreements. Non-competes ...
The Federal Trade Commission’s ban on non-compete contract clauses may not be a seismic shock to the wealth management space but would principally affect advisors in the bank and wirehouse world as ...
Effective July 1, 2026, post-employment non-compete agreements with Virginia-based employees who are terminated without cause are not ...
Non-compete clauses are a thing of the past thanks to a new ruling from the Federal Trade Commission (FTC). The FTC issued a rule to ban non-compete clauses for employees, according to a release from ...
When it comes to enforceability of a non-compete clause, the prospect of a raise for the employee can in some instances be an argument in favour of the employer. A court may annul, modify or suspend a ...
I resigned from my previous employer, and after three months, I was hired by another company. During the sixth month of employment with my new employer, I received a letter from a law office directing ...