Jury Awards Database Firm Over $3.7M In Trade Secrets Theft Verdict

Mealey's (June 6, 2017, 2:51 PM EDT) -- WEST PALM BEACH, Fla. — A Florida federal court jury on May 11 awarded an institutional research database firm a more than $3.7 million verdict on claims that an investment firm computer software sales and services provider illegally obtained the database firm’s confidential and trade secrets information through use of client login credentials and used the information to compete with the financial data uploading business (eVestment Alliance LLC v. Compass iTech LLC, No. 14-81241, S.D. Fla.)....