Panel Affirms Court’s Dismissal Of Insufficiently Pleaded Trade Secret Claim

Mealey's (February 21, 2020, 9:08 AM EST) -- NEW YORK — A Third Circuit U.S. Court of Appeals panel on Feb. 12 ruled that a federal district court did not err in dismissing minority shareholders’ trade secret misappropriation claims against former business partners because the minority shareholders failed to sufficiently state that any defendants misappropriated any trade secrets obtained under the terms of a business agreement (Inspired Capital LLC, et al. v. Conde Nast, et al., No. 19-2057, 2nd Cir., 2020 U.S. App. LEXIS 4703)....