Judge Reverses $72 Million Verdict in Favor of Zunum, Citing Errors in Boeing Lawsuit Outcome
Seattle, WA — In a stunning reversal, a judge has nullified a $72 million jury award to Zunum, an electric aircraft startup, which had accused aerospace giant Boeing of misappropriating trade secrets and breaching partnership agreements. The decision overthrows the initial verdict given earlier, which had ruled in favor of the smaller company. Zunum, which had gained considerable attention for its ambitious plans to revolutionize air travel with hybrid-electric planes, claimed that Boeing’s actions severely hindered its operations and contributed to its financial struggles. The startup, based in Washington, pointed to what it described as … Read more