IP Law 360

APRIL 24, 2024

Pegasystems Inc. has agreed to pay $35 million to settle a shareholder suit in Massachusetts federal court alleging the software company failed to properly disclose a rival's trade secret litigation that led to a $2 billion verdict.

Litigation 52

Litigation 52

JD Supra Law

SEPTEMBER 8, 2023

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. Pegasystem Inc., The Trade Secret Litigation: Appian v. Appian Corp.

Litigation 70

Litigation 70

LexBlog IP

MAY 12, 2022

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.

Confidentiality 52

Confidentiality Copying Government Privacy 52

JD Supra Law

MAY 31, 2022

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.

Government 52

Government Reporting Patent Law 52

43(B)log

OCTOBER 11, 2022

Pegasystems Inc. 30, 2022) Pegasystems alleged that defendants, which compete with it in the business process management (BPM) software field, engaged in false advertising and commercial disparagement in an online report that portrayed Pegasystems unfavorably. The report didn’t disclose that Pegasystems commissioned it.

Marketing 59

Marketing Marketing Business False Advertising 59

LexBlog IP

DECEMBER 28, 2022

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.

Litigation 52

Litigation Licensing Journalism Reporting 52

LexBlog IP

FEBRUARY 20, 2023

As I wrote in my wrap-up post last month, this appears to be a legislative retread of a 2021 bill that imposes sanctions on foreign companies and individuals believed to be linked to misappropriation of American company’s trade secrets. Stoneridge Software Inc. Alaska Airlines, Inc. Case Number 21-13567.

Intellectual Property 40

Intellectual Property Blogging Journalism Confidentiality 40