Propel Fuels Seeks to Double Verdict to $1.2 Billion in Trade Secrets Case Against Phillips 66
Oakland, Calif. — In a significant legal escalation, attorneys from Kobre & Kim LLP have requested that the Alameda County Superior Court judge more than double a recent $605 million jury verdict. The firm is seeking an additional $1.2 billion in exemplary damages for their client, Propel Fuels Inc., against oil giant Philips 66, citing severe misconduct related to the misappropriation of trade secrets. Two months prior, a jury concluded that Phillips 66 had engaged in the willful and malicious theft of confidential information from Propel, a company specializing in renewable fuels. Despite the damning … Read more