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The Court of Appeals of Virginia has overturned a $2 billion jury verdict in favor of Appian Corp. against competitor Pegasystems. The court ruled that the trial court made a series of errors, leading to the largest jury award in the state's history. Pegasystems had been accused of stealing Appian's trade secrets. The appeals court decision, made on Tuesday, mandates a new trial for the case.
The Court of Appeals of Virginia reversed Appian Corp.'s $2 billion trade secrets judgment against competitor Pegasystems, saying the trial court made a series of errors that led to the biggest jury award in state history and that a new trial is warranted. https://t.co/oLC5L3ukQm
Software company Pegasystems convinced a Virginia appeals court to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems' alleged theft of Appian's trade secrets https://t.co/Hm7Mwfu5IX https://t.co/XQThAqdqVU
Software company Pegasystems convinced a Virginia appeals court to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems' alleged theft of Appian's trade secrets. https://t.co/Hm7MwfuDyv https://t.co/jqd77M0D5h
