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Trading Secrets A Law Blog on Trade Secrets, Non-Competes, and Computer Fraud

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Second Circuit Largely Affirms $18.1 Million Trade Secrets Misappropriation Verdict

Posted in Data Theft, Trade Secrets

On February 6, 2013, the federal Second Circuit Court of Appeals affirmed $15 million of a $18.1 million dollar jury verdict (onto which the trial court tacked on an additional $1.5 million in interest) in favor of a New York subway brake manufacturer on its trade secret misappropriation claim against a former licensee turned competitor.  Faively Transport USA, Inc. v.