“Jeff had obtained a Ph.D. in how not to do it,” said Nemphos. “They did amazing in building the business. They made what was in the end a tough deal tougher than they should have. Now we work with him in a manner where the legal and structural pieces provoke the business’ growth, not hinder it.”
FTC Bans Noncompetes, US Chamber of Commerce Files Lawsuit
The Federal Trade Commission issued a ruling to ban noncompetes nationwide, and business groups have already filed lawsuits to block the ruling.