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The Changing Shape of Trade Secret Trials: An Increasing Shift to Juries and What that Means for Trade Secret Owners and their Lawyers (Part I)

LexBlog IP

On May 9, 2022, software company Appian Corp. persuaded a Fairfax County, Virginia jury to award it $2 billion for the theft of its trade secrets by its competitor Pegasystems Inc. Later that year, Trizetto secured an $845 million verdict against Syntel Inc. These types of awards are no longer anomalies or outliers.

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Two Ideas to Improve and Balance the Defend Trade Secrets Act: A Safe Harbor Rule and Early Trade Secret Identification

LexBlog IP

According to Lex Machina’s 2021 Trade Secret Litigation Report , 72.9% Lots of individuals and small companies get ensnared in trade secret disputes and instantly regret the actions that provoked the lawsuit. Compare Quintara Biosciences, Inc. Ruifeng Biztech, Inc. L-Oreal USA, Inc. LEXIS 48399 (N.D.

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2021 Post-Grant Report

Fish & Richardson Trademark & Copyright Thoughts

Arthrex, Inc., Sotera Wireless, Inc. In Sotera Wireless, Inc. Reynolds Vapor Company v. The most active petitioners in 2021 were Sarepta Therapeutics, Inc., The most active patent owners in 2021 were Ravgen, Inc., Regeneron Pharmaceuticals, Inc., and Celltrion, Inc. See United States v.

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73% of Trade Secret Suits Now Contain Federal Claims; 74% of Merit Judgements Result in Injunctions

IP Close Up

Despite the increasing value of intellectual property in general, and trade secrets in particular, suits filed have remained remarkably steady over the past several years. Continue reading.