Thursday, December 4, 2014

Business Espionage: GlobeRanger Awarded $15 million in Trade Secrets Espionage Case

A lawsuit filed in state court Friday reads like a Hollywood script: It includes sex, deception and espionage in an alleged conspiracy to rob a Richardson company of its livelihood. (more)

The Verdict
According to a Nov. 28 court filing, on Nov. 20 a jury in federal court in Dallas awarded Richard, Texas-based GlobeRanger $15 million in a case that involved the misappropriation of trade secrets related to radio frequency identification technology.  

The case is GlobeRanger Corp. v. Software AG, 3:11-cv-00403, U.S. District Court, Northern District of Texas (Dallas). (more)