WHAT HAPPENS TO MERRILL LYNCH BROKERS AND OTHERS?

The financial news could not be much worse! Bears Stearn died several months ago and now Lehman Brothers has run to the bankruptcy court for help. AIG is on life support!

This is truly a difficult time for America’s foremost financial institutions but the people I feel sorry for are the employees of these failing companies who signed noncompete or non-solicition agreements. Does this mean that not only do you lose your job at one of these reorganizing (or downscaling) companies but you also lose the right to work in the financial industry applying the same skills and knowledge you have built up over the years? It might.

In Virginia, as in other states, there are limitations on what type of noncompete agreement is enforceable. Make sure you know your options and whether your agreement is valid.

Know your options….Know your risks!

Dan Frith

Dan Frith

Dan Frith has over 25 years of experience representing individuals and families in cases of medical malpractice throughout Virginia. He has been named "Best Medical Malpractice Attorney" by Roanoker Magazine and is a member of the Million Dollar Advocates Forum. To speak with Dan, contact him by email at dfrith@frithlawfirm.com.