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Aerospace Contractor Inks $7.4M Deal In Conn. No-Poach Suit

Law 360

An aerospace subcontractor accused alongside Raytheon Technologies Corp.'s s Pratt & Whitney division and others of conspiring to restrict hiring will pay $7.4 million to resolve the antitrust claims, according to a notice filed Wednesday in Connecticut federal court that indicates three other deals are also on the horizon.

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Aerospace Exec Says He Was Fired After Probing Finances

Law 360

A former executive of aerospace company Airo Group Holdings Inc. has sued the company in Delaware's Chancery Court, accusing a slew of directors of firing him after he began looking into a series of allegedly suspicious financial transactions.

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Aerospace Co. Can't Get Trade Secrets Win Over Ex-Exec, Yet

Law 360

A New Jersey federal court refused an aerospace company's efforts to temporarily force its ex-president to hand over allegedly stolen trade secrets Thursday, but allowed it to continue pursuing claims that its confidential information was being misused.

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Exploring Patent Trends In Aerospace Electrification

Law 360

As blue-chip companies lead the charge to power large-scale commercial airplanes with electricity, and startups advance the trend on a regional scale, patent applications directed at improving energy storage and electric motor efficiency are on the rise, say attorneys at Finnegan.

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Ex-Aerospace Exec Says He Never Signed A Noncompete

Law 360

A fired aerospace executive has urged a New Jersey federal court to toss his former employer's suit accusing him of stealing confidential company information and using it in his new business venture, asserting he never agreed to terms restricting his post-employment activities.

Court 40
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6 Aerospace Execs Indicted Over No-Poaching Agreement

Law 360

Six executives and managers from Raytheon and other aerospace firms have been hit with charges stemming from an alleged conspiracy in which they agreed not to poach competitors' workers for more than a decade, according to an indictment unsealed Thursday in Connecticut federal court.

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Aerospace Parts Co. Sued In Del. Over High Board, Exec Pay

Law 360

An investor in aerospace component maker TransDigm Group has sued the company's top officers and directors in Delaware's Chancery Court, in a derivative action accusing them of granting themselves sky-high compensation, according to a complaint unsealed Thursday.

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