Massachusetts Medical Tech Giant Wins Historic $452 Million Verdict in Trade Secrets Lawsuit
BOSTON — A Massachusetts-based medical device manufacturer, Insulet Corp., won a major legal victory this month, securing one of the largest trade secret misappropriation verdicts in recent history. A federal jury awarded the firm $170 million in compensatory damages and an additional $282 million in punitive damages after a prolonged legal battle over its proprietary technology used in disposable insulin patch pumps. The legal triumph followed intricate legal disputes, including a significant summary judgment decision concerning the timeliness of Insulet’s claims and intense scrutiny of veritable technological theft by a competing company. Insulet, known for … Read more