Jury Orders Phillips 66 to Pay Propel Fuels a Staggering $604.9 Million in Trade Secret Clash
San Francisco, CA — A San Francisco jury has awarded Propel Fuels a staggering $604.9 million in damages, finding that Phillips 66 misappropriated trade secrets from the clean fuel company, a substantial victory for Propel in a legal battle over proprietary technology. The verdict came after intense scrutiny over Phillips 66’s use of confidential information that Propel alleges was critical to its proprietary fuel formulation method—a blend aimed at reducing emissions. According to court documents, the violation centered around Phillips 66’s unauthorized use of this unique fuel technology after the two companies had discussed potential … Read more