Trade

Litigation Fund Launches Legal Battle Against Co-Founder and Law Firm Over Alleged Trade Secret Theft

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Atlanta, Ga. — A lawsuit has emerged involving a litigation fund and its co-founder, who are accused of collaborating with a local law firm to misappropriate trade secrets and divert substantial business profits. The lawsuit specifies that this alleged conspiracy was aimed at undermining competition, raising concerns in the legal and financial sectors about ethical practices in litigation funding. The plaintiffs claim that the actions of the defendants have not only compromised confidential information but have also resulted in millions of dollars in losses. These allegations underscore a growing trend in which litigation funding firms … Read more

Legal Firestorm: Litigation Fund Alleges Co-Founder and Atlanta Firm Colluded to Misappropriate Trade Secrets

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Atlanta, Georgia, is at the center of a legal battle involving a litigation fund that has filed a lawsuit against one of its co-founders and a local law firm. The lawsuit alleges a conspiracy to appropriate trade secrets and misappropriate millions in business revenues, raising concerns over competitive practices within the industry. The litigation fund claims that both the co-founder and the Atlanta firm worked together to gain an unfair edge in the market. According to the suit, this alleged collaboration has led to significant financial and reputational damage to the fund, as well as … Read more

US-China Trade Talks: Limited Expectations for Breakthrough Ahead of Crucial Negotiations

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Washington, D.C. — Officials from the Trump administration are preparing to engage with a senior Chinese trade negotiator this week, although expectations for a significant breakthrough in the ongoing trade standoff remain low. Li Chenggang, China’s International Trade Representative and Vice Minister of Commerce, is set to meet with deputy-level U.S. officials during his visit to the capital. While the meeting is drawing attention, it is not considered a formal negotiation. Instead, Li sought the meeting independently, prompting skepticism among American officials about its potential outcomes. Observers suggest that the gathering will likely focus on … Read more

Apple Takes Legal Action Against Former Employee and Chinese Firms Over Alleged Trade Secret Theft

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Cupertino, California — Apple has initiated legal action against former employee Chen Shi and two companies, OPPO and InnoPeak Technology, accusing them of misappropriating trade secrets. The lawsuit, filed on Thursday, alleges that Shi conspired to steal sensitive information related to the Apple Watch and pass it on to his new employers. OPPO, a well-known Chinese technology firm, specializes in a variety of consumer electronics including smartphones and smartwatches. InnoPeak Technology, based in California, focuses on innovative research in smartphone technologies. Apple claims that Shi’s actions have compromised its proprietary information, posing a risk to … Read more