Trade

Federal Judge Keeps Core Allegations Alive in Insulet Corp. Trade Secrets Case Against South Korean Firm

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Boston, MA – In a recent legal development, a federal judge in Massachusetts has decided not to dismiss certain allegations in a lawsuit filed by Insulet Corp. against a South Korean manufacturer of insulin pump patches. The core of the dispute revolves around Insulet Corp.’s allegations that the defendant unlawfully appropriated trade secrets. The court also determined that the timing of when the plaintiff’s federal trade secrets claim was initiated should be decided by a jury. Insulet Corp., a prominent player in the medical device industry, primarily known for its innovative insulin delivery systems, accuses … Read more

$605 Million Verdict: Jury Finds Phillips 66 Guilty of Stealing Trade Secrets from Renewable Fuels Innovator Propel Fuels

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OAKLAND, Calif. — In a significant legal battle over trade secrets in the renewable fuels market, Phillips 66 has been ordered to pay $604.9 million to Propel Fuels. The jury verdict, delivered after a five-week trial at the Superior Court of California in Alameda County, concluded that Phillips 66 had misappropriated trade secrets from Propel Fuels, a California-based retailer of low-carbon fuels. The court found that Phillips 66 developed its renewable fuels business in California using confidential information that had been painstakingly built up by Propel Fuels over more than a decade. This decision comes … Read more

Jury Orders Phillips 66 to Pay Propel Fuels a Staggering $604.9 Million in Trade Secret Clash

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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

Cynosure Clinches $25 Million in Federal Case Against Competitor for Unfair Trade Practices

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Boston, MA – After a protracted legal battle that captured the attention of the medical technology industry, Cynosure, a prominent medical device company, has emerged victorious in a significant legal dispute against a rival firm. A federal jury in Massachusetts awarded Cynosure $25 million, resolving allegations of corporate sabotage where it was claimed the competitor illicitly lured away critical sales and marketing personnel. The court proceedings, which extended over several weeks, delved deep into accusations that the unnamed rival company engaged in strategic poaching of Cynosure’s key employees, thereby gaining access to trade secrets and … Read more