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Lawsuits Lead to Inconsistent Judicial Rulings Regarding the FTC's Noncompete Ban
Winstead PC
Aug. 8, 2024 "Employers should remain mindful that the notice requirement does not apply to the Rule's enumerated exceptions. That is, employers do not need to deliver notice to workers [1] who are considered highly compensated senior executives (as defined in the Rule) with existing noncompetes or [2] entered into a noncompete pursuant to the bona-fide sale of a business. Employers likewise do not need to deliver notice to a worker in a situation where causes of action related to an existing noncompete accrued before the final rule." MORE >> |
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