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March 2018 Archives

Lowe's settles ADA discrimination case for $8.6 million

Lowe's Companies, Inc. has settled a lawsuit in which the hardware store was accused of violating the Americans with Disabilities Act (ADA). The U.S. Equal Employment Opportunity Commission (EEOC) filed suit against the retail chain last year, alleging that the company had discriminated against a disabled employee.

Mega funds may change how startups operate

Venture capital firms are raising billions of dollars to put into companies in Colorado and elsewhere. For example, SoftBank has a $100 billion fund and placed $7 billion into Uber alone. Sequoia Capital is looking to raise as much as $12 billion for its global growth fund as well as funds in the United States and China. It is believed that Sequoia is trying to position itself as an alternative to SoftBank for business owners.

Intellectual property is a major factor in tech deals

For many entrepreneurs and business people in Colorado, intellectual property is a highly prized asset. Indeed, for the tech industry in particular, copyrights, trademarks, patents and other IP have led to some particularly well-known disputes that have required extensive litigation to resolve. During acquisitions and mergers, many technology corporations view handling potential intellectual property issues as paramount.

Is the #MeToo movement having an impact on workplace harassment?

Months after the #MeToo movement's beginnings, the Harvey Weinstein fallout, Oprah's impassioned speech and the countless tweets, you may wonder what, if anything, has changed. Certainly awareness around the issue of sexual harassment has increased throughout society. Prominent figures in a variety of industries have been ousted from positions of power, from Kevin Spacey to Matt Lauer to Al Franken to Garrison Keillor.

Startups should reduce costs to increase their chance of survival

Startups, whether in Silicon Valley or Denver, Colorado, are infamous for being extremely lavish with their resources. Although this extravagance is explained as a necessary tool to attract and retain top talent, it often causes startups to experience undue stress and requires them to seek extra funding, which can be problematic in the long term. Moreover, it is worth pointing out that the notion of entrepreneurs being overindulgent with their startups is backed up by data as opposed to being purely anecdotal.

7 ways to protect trade secrets

The movies have conditioned us to believe that trade secrets are most likely to be stolen by Eastern European cyber-criminals or foreign intelligence agents bent on preventing some worldwide disaster. However, a statistical study of trade secret theft shows that trade secret thieves are most likely to be those you already know: former employees.

Montrose Memorial Hospital settles in age discrimination lawsuit

Age discrimination has no place at a company, and hospitals are no exception. A recent lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC) highlights how prevalent age discrimination can be and that workers have rights worth protecting.

Analyzing risk when acquiring a company

When a credit union or other financial services company in Colorado or elsewhere merges with another entity, it may expose itself to any risks posed by that enterprise. It may be a good idea to have a cybersecurity professional analyze any risks that another business may pose if it is acquired. Such a review should focus on potential problems related to people and processes just as much as it does on issues related strictly to IT.

Can posting about your employer on Facebook get you fired?

Your boss is just awful. You know it, your co-workers know it, but you want to inform the world about their terrible ways. What better method to exercise your anger than a rant on Facebook? As satisfying as it would be to unleash the months of built up hard feelings, you should think twice before you let your fingers do the talking.