NJ Employment Law – New Law In New Jersey Regarding Trade Secrets

By Thomas McKinney

New Jersey’s legislature recently passed a bill that would protect companies from the misappropriation of trade secrets in NJ. The Bill is called the New Jersey Trade Secrets Act and is currently waiting for the Governor to sign it into law. A claim for misappropriation of trade secrets is currently only a common-law claims (that means that it is only based on case law). The Bill would create a law allowing a party to sue for the misappropriation of a trade secret. The damages permitted under the Bill would be limited to actual losses and repayment of any benefits or gains received by the party that took the trade secrets. If you have any questions regarding the Bill or your rights if a trade secret has been stolen, please call our New Jersey Employment Lawyers.

October 4, 2011 – Tom McKinney – Castronovo & McKinney

About the Author
Tom McKinney is an experienced NJ Employment Lawyer in all major areas of labor and employment law, including discrimination, harassment, overtime violations, wage and hour claims, sexual harassment, wrongful discharge, Title VII, ADA, ADEA, FMLA, LAD, FLSA, and all other employment law claims. Tom is admitted to practice in the States of New Jersey and New York, United States District Court for the Eastern District of New York, Southern District of New York, District of New Jersey, and United States Court of Appeals for the Third Circuit. Prior to forming the firm, Tom practiced at Gibbons P.C. in Newark, NJ. If you have any questions regarding this article, contact Tom here today.