Secrets

Massachusetts Firm Wins Record $452 Million in Trade Secrets Case Over Insulin Pump Technology

by

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

Massachusetts Medical Tech Giant Wins Historic $452 Million Verdict in Trade Secrets Lawsuit

by

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

Propel Fuels Seeks to Double Verdict to $1.2 Billion in Trade Secrets Case Against Phillips 66

by

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

Insulet Wins $452 Million in Landmark Trade Secrets Lawsuit Against Eoflow

by

In a significant legal victory, Insulet Corp. was awarded $452 million in damages after a federal jury found that Eoflow Co., a South Korean medical device company, engaged in trade secret misappropriation. The verdict came after a closely watched trial that highlighted the fierce competition in the medical device sector, particularly in technologies related to diabetes management. The lawsuit, initiated by Insulet, accused Eoflow of illegally acquiring and using Insulet’s proprietary information to develop and market its own competing product. The core of the dispute centered around technology for wearable insulin pumps, which are crucial … Read more