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Proskauer Rose and the former chief operating officer it fired and sued for allegedly stealing trade secrets have reached a confidential settlement, court records filed this week show. The New York firm plans to dismiss the action after the court enters a permanent injunction against former Proskauer COO Jonathan O'Brien to prevent him from possessing or misappropriating any of the firm's trade secret information, according to a letter to the court filed Thursday by a Debevoise & Plimpton lawyer representing Proskauer.
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February 02, 2024, 9:49 AM