Tech Company Awarded $5.7M In Damages In Trade Secret Misappropriation Suit

Mealey's (March 4, 2020, 1:58 PM EST) -- TAMPA, Fla. — A federal jury in Florida on March 3 awarded a technology company $5.7 million in damages after finding that the company had proven that its industry competitor had misappropriated its trade secrets to develop identical systems to those developed by the plaintiff (Financial Information Technologies Inc. v. iControl Systems USA LLC, No. 17-190, M.D. Fla.)....