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Court Allows Investors’ Claims to Proceed Based on Defendant’s Statement That Trade Secret Claim Was “Without Merit”

JD Supra Law

The Trade Secret Litigation: Appian v. Pegasystem - The trade secret case Appian v. Pegasystem made headlines in 2022 when a jury awarded software company Appian more than $2 billion in damages for its competitor Pega’s willful and malicious misappropriation of its trade secrets. Appian Corp.

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$2B Appian Trade Secrets Verdict OK'd With $23M Fees Added

IP Law 360

A Virginia judge entered final judgment of a jury's verdict that awarded tech company Appian Corp. more than $2 billion in damages upon finding that Cambridge, Massachusetts-based software company Pegasystems willfully misappropriated Appian's trade secrets.

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$2B Jury Verdict in Trade Secrets Suit

LexBlog IP

Earlier this week, a Virginia jury awarded software company Appian Corp. more than $2 billion in damages after finding that competitor software company Pegasystems Inc. The complaint alleged that Pegasystems engaged in corporate espionage and trade secrets theft in an effort to better compete with Appian.

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Patent Poetry: Jury Awards $2 Billion in Trade Secret Theft Case

JD Supra Law

A jury in Virginia has awarded software company Appian Corp. more than $2 billion in damages, finding that its competitor, Pegasystems Inc., had stolen its trade secrets.

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Software Co. Says Trade Secrets Verdict 'Skyscraper Of Cards'

IP Law 360

Software company Pegasystems has made its opening case to a Virginia state appeals court that the $2.09 billion trade secrets verdict in favor of rival Appian Corp. was so rife with problems that it "had the structural integrity of a skyscraper of cards."

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marketing may be material even to very expensive/complex business purchases

43(B)log

Appian Corp. Appian counterclaimed similarly ( previous discussion ); having denied a preliminary injunction , the court now slightly reduces the issues remaining for trial. Appian hired BPM.com to prepare a report that would “clearly identify and articulate[ ] the value delta of Appian over Pega.”

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Join me at the Ohio State Bar Association for “Trade Secret and Restrictive Covenant Law Year in Review”

LexBlog IP

As a result, trade secret disputes and verdicts have dominated the news, as juries have awarded $2 billion to Appian Corp., $65 65 million against Goodyear Tire & Rubber, and $105 million against Ford Motor Company, only to see some of those verdicts reduced or eliminated by the courts.

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