theft of trade secrets News

Jury Awards $452 Million in Damages For Insulin Patch Trade Secrets Theft

Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in …

Bump in Federal Trade Secret Litigation Seen in 2023: Report

Analytics from Lex Machina 2024 Trade Secret Litigation Report reveals a rise in trade secret cases filed in federal district court in 2023, along with the continued steady trend of trade secret cases that involved Defend Trade Secret Act (DTSA) …

U.S. Jury Finds Huawei Stole Silicon Valley Startup’s Trade Secrets

A federal jury in Texas has ruled that Huawei stole trade secrets from a Silicon Valley startup, but it didn’t award any damages. After a three-week trial, jurors in U.S. District Court in Sherman, Texas, determined Wednesday that while Huawei …

Chinese Hacking Raises Cyber Attack Disclosure Issue for Companies

Three U.S. public companies identified as Chinese hacking victims didn’t report the theft of trade secrets and other data to investors, despite rules designed to disclose significant events. Two of the companies — aluminum maker Alcoa Inc. and metals supplier …