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  • Posts by Anthony Santoriello
    Partner

    Anthony is a Partner with PIB Law and focuses his practice on advising companies on the full life cycle of commercial contracts from initial contract drafting and negotiation through maintenance, as well as review and, if ...

On October 1, 2018, Massachusetts’ new noncompete law for employers and employees goes into effect.  This law significantly limits the use of noncompete agreements within the Commonwealth, and incorporates additional unique wholesale changes.  Below are highlights of certain provisions of the new law, along with recommendations on how employers can address their existing and future noncompete agreements to comport with the new law. 

On May 2, 2018, the Securities and Exchange Commission went live with an additional online search tool known as the SEC Action Lookup for Individuals, or SALI.  SALI is intended to help potential investors identify registered and unregistered individuals who have settled, defaulted, or contested an enforcement action brought by the SEC where a final judgment or order was entered against them. 

On February 9, 2018, the New Jersey Bureau of Securities issued an emergency order to stop the sale of securities by Bitstrade in the state.  Bitstrade is offering investors participation in an investment pool that purportedly will be invested in cryptocurrencies and guaranteed 10% returns.  The securities are offered to the public through a website.  The Bureau found that Bitstrade was violating New Jersey securities laws by failing to make certain key disclosures, including how investors funds would be invested.

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