Massachusetts Firm Wins Record $452 Million in Trade Secrets Case Over Insulin Pump Technology
In a landmark case, a Massachusetts court awarded the Insulet Corporation a staggering $452 million in what is considered the largest jury verdict ever under the federal Defend Trade Secrets Act (DTSA). This case underscores a growing trend toward substantial financial awards in trade secret litigation. Insulet Corporation, based in Massachusetts, initiated the lawsuit after discovering that its former employees, who had joined South Korean firm EOFlow, allegedly transferred confidential information critical to their proprietary insulin pump, the OmniPod. EOFlow utilized this information to develop similar technology, debuting their EOPatch and EOPatch 2 insulin pumps … Read more