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President Obama Signs Defend Trade Secrets Act of 2016 and White House Takes Aim at Noncompete Agreements

President Obama Signs Defend Trade Secrets Act of 2016 and White House Takes Aim at Noncompete Agreements

On May 11, 2016, President Obama signed into law the Defend Trade Secrets Act of 2016 (“DTSA”) creating a new cause of action that may be filed in federal court for misappropriation (theft) of trade secrets.  Two of the key federal remedies available under this law are exemplary damages and attorney’s fees.  Read More…