$604 Million Trade Secret Verdict

John is joined by Michael Ng, partner at Kobre & Kim. They discuss the $604 million verdict Michael recently won in a trade secrets case in Alameda County Superior Court in California. The punitive damages phase of the trial is expected to take place in the Spring. The case centered on allegations that Phillips 66 misappropriated Propel Fuels’ trade secrets while conducting due diligence for a potential acquisition that ultimately did not proceed. Michael explains that P...