Following a recent trend to reduce large damages awards in trade secret misappropriation cases, a federal judge in Massachusetts cut Insulet Corp.’s damages award from $452 million to $59.4 million to avoid impermissible...more
After receiving a jury verdict awarding $452 million in damages against a rival company for misappropriation of trade secrets, the prevailing party, Insulet Corp., may have to choose between portions of the damages award or...more
3/17/2025
/ Confidential Information ,
Corporate Misconduct ,
Damages ,
Injunctive Relief ,
Intellectual Property Litigation ,
Jury Awards ,
Jury Verdicts ,
Life Sciences ,
Medical Devices ,
Misappropriation ,
Remedies ,
Trade Secrets
Last week, a California jury found Phillips 66 liable for misappropriating trade secrets from Propel Fuels Inc., a low-carbon renewable fuels retailer, and awarded Propel $605 million in damages....more