Social media provides business the opportunity to stay in contact with customers, reach out to prospects, spread news, and keep tabs on competitors.
With the continued success of the auto industry, comes the increase in employee mobility.
Cases Are Easier to Start Than They Are to Finish: California Court Awards $180,000 in Sanctions for Meritless Trade Secret Misappropriation Lawsuit Brought in Bad Faith
The California Court of Appeal has upheld an award of monetary sanctions against a company that brought a lawsuit against its competitor that the court found was meritless and intended to stifle competition. Cypress Semiconductor Corp. v. Maxim Integrated Products, Inc., H038555 (Apr. 28, 2015).
Historically, confidential and proprietary information, such as the formulas for Coca-Cola and Pepsi, is trade secret information that will not be made available to the public during litigation.
In a previous post, we examined T-Mobile’s complaint against Chinese smartphone marker Huawei and its US subsidiary, in which T-Mobile accused Huawei employees of stealing trade secrets relating to a mobile phone testing robot named “Tappy”.
When discussing trade secrets and strategies to protect valuable proprietary information, most companies focus on their outbound risk.
In September of 2012, our family had plans to host several families at our house to watch the Clemson v. Florida State football game being played in Tallahassee.
The Sixth Circuit Court of Appeals recently took a broad view of preemption under the Uniform Trade Secrets Act (UTSA) and held that Ohio’s version of the UTSA preempted state-law claims for tortious interference with prospective business relationships and conspiracy to misappropriate trade secrets because those claims arose from the same set of facts as a trade secret misappropriation claim.
When you learn a former employee has stolen your trade secrets to take them across the street to benefit a competitor, your quickest remedy is to sue him and try to shut him down through an injunction.
Trade secrets are the last best hope of a business that wants to retain a monopoly over its own creations.