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The Virginia Appeals Court has reversed a $2 billion trade secret verdict and remanded the case for a new trial. The decision highlights the necessity for plaintiffs in trade secret cases to prove unjust enrichment damages. This ruling has significant implications for future trade secret litigation, emphasizing the burden of proof on plaintiffs to demonstrate financial harm.
Missed Appropriation: Massive Trade Secret Verdict Vacated https://t.co/p5VtoR7Zu0 #tradesecret #tradesecrets #cybersecurity @McDermottLaw https://t.co/3qJsEG46ma
Violent Delights, Violent Ends? Two Possible Futures of SEC Cyber Regulation https://t.co/6YVTmpg77g
Cybersecurity Safe Harbors – One Step Forward and Two Steps Back https://t.co/DvCreEhtVQ