Hotel Chain Settles Trade Secrets Lawsuit With Competitor, Others For $1.2M

(June 14, 2017, 9:44 AM EDT) -- KANSAS CITY, Kan. — WoodSpring Hotels LLC, one of its former employees and an information technology consultant will pay $1.2 million in damages, costs and attorney fees to settle claims that they misappropriated certain trade secret information of competitor Extended Stay America LLC in an effort to gain a competitive advantage in certain specific markets, according to a press release issued June 12 by Extended Stay (Extended Stay America Inc., et al. v. WoodSpring Hotels LLC, et al., No. 16-2744, D. Kan.)....

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