Broker-Dealer Seeks Summary Judgment On State, Federal Trade Secrets Claims

Mealey's (May 23, 2019, 1:32 PM EDT) -- LOS ANGELES — A designer and developer of an electronic system that tracks data for securities transactions has failed to plead its state and federal trade secret law claims with the required particularity in arguing that its former client misappropriated trade secrets for its securities trading tracking software, the defendant argues in a May 21 motion for summary judgment filed in California federal court (InteliClear LLC v. ETC Global Holdings Inc., No. 18-10342, C.D. Calif.)....