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The Recorder

Gibson Dunn Secures Defense Win for HSBC in 'Trade Secrets' Lawsuit

In an order released Tuesday in the California Northern District Court, Magistrate Judge Laurel Beeler dismissed most of the claims made against London-based HSBC Holdings, HSBC entities HSBC USA (HUSI) and HSBC UK (HBUK), current HBUK employee and former SVB senior executive David Sabow and six former SVB employees.
4 minute read

The Recorder

DirecTV Files Countersuit Over Trade Secrets Dispute With Synamedia

DirecTV, represented by Baker & Hostetler, filed the complaint Wednesday in the U.S. District Court of the Central District of California, Western Division in Los Angeles. The suit followed a June 12 complaint filed by Jenner & Block on behalf of Synamedia that alleges DirecTV is attempting to break its decades-old business relationship in order to use Synamedia's proprietary technology without paying license and service fees.
4 minute read

New York Law Journal

Protecting Confidential Information and Trade Secrets Amid Layoffs and Weakened Non-competes

If non-compete agreements are officially banned and businesses are looking to avoid bureaucratic hurdles that come with patents, Joe Barber and Scott Frost discuss how companies can protect their trade secrets.
9 minute read

Connecticut Law Tribune

Connecticut Supreme Court Identifies Misappropriation of Trade Secrets, Clarifies Noncompete Enforceability

"Under Roessler, a promise of indefinite, continued employment for an at-will employee in exchange for the employee's promise not to compete constitutes adequate consideration to form an enforceable agreement," the opinion said. "We conclude, therefore, that the trial court incorrectly determined that continued employment can never be consideration for a noncompete agreement."
6 minute read

The Recorder

Wilmer Client Roche Molecular Accuses Stanford Cancer Researchers of Stealing Trade Secrets

The complaint, filed Monday in the U.S. District Court for the Northern District of California, San Jose Division, alleges the scientists wrongly used Roche's proprietary cancer-detection technology and "secretly co-founded Foresight at the same time they were serving as consultants and contractors for Roche."
4 minute read

Legaltech News

Martin Shkreli Slapped With Trade Secret Misappropriation Lawsuit for Livestreaming Wu-Tang's 'Once Upon a Time in Shaolin' Album

The infamous 'Pharma Bro' was forced to forfeit the only copy of the album upon his 2017 conviction, but retained digital copies, which he later publicly disseminated, allegedly diminishing the value of the album for its new owners, PleasrDAO.
8 minute read

The Recorder

Pillsbury Defends UC Regents in Trade-Secrets Case From Agensys, Jones Day

The suit filed by Jones Day contends researcher Norbert Peekhaus violated his employment agreement with Agensys Inc. by disclosing trade secrets stemming from his work at the company. Peekhaus later worked for the University of California Regents, who are represented by Pillsbury Winthrop Shaw Pittman.
3 minute read

Law.com

Holwell Shuster & Goldberg Partners Secure $81 Million Verdict Against Boeing in Trade Secret Dispute

In this week's Legal Speak episode, Holwell Shuster & Goldberg attorneys Scott Danner and Vincent Levy open up about their prevailing trial strategy that helped plaintiffs counsel secure an $81.3 million jury verdict in Washington on behalf of aircraft startup Zunum Aero Inc. in an underlying trade secret dispute with aerospace giant Boeing.
1 minute read

The Recorder

Tesla Sues Ex-Supplier, Alleging It Stole EV Battery Trade Secrets

The electric carmaker's complaint, filed by its in-house counsel and Fish & Richardson on June 14 in the U.S. District Court for the Northern District of California, accuses Matthews of flouting several nondisclosure agreements, filing patents that co-opt Tesla's trade secrets and leaking confidential information to Tesla's rivals.
3 minute read

Law.com

Trade Secret Protection Plans Provide Certainty to Employers

The protection of trade secrets has long been understood to be a legitimate business interest, and, traditionally, companies have used non-competition clauses to protect their trade secrets. Now, with non-competition agreements in doubt and facing greater scrutiny, companies will need to rely on other protection mechanisms.
6 minute read

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