Judge Partially Dismisses DTSA Claim In Trade Secret Misappropriation Suit

Mealey's (April 19, 2019, 11:55 AM EDT) -- NEW YORK — A federal judge in New York on April 16 held that an insurance company and its parent holding company have sufficiently stated a plausible claim for violation of the Defend Trade Secrets Act (DTSA) against Marsh USA Inc. in arguing that Marsh allegedly used the company’s trade secrets to enter into an agreement with The Boeing Co. for an airline finance insurance consortium (AFIC) similar to the one the insurance company had developed (Xavian Insurance Co., et al v. Marsh & McLennan Companies Inc., et al., No. 18-8273, S.D. N.Y., 2019 U.S. Dist. LEXIS 65067)....