DTSA Claim In Trade Secrets Lawsuit Over Licensing Contract Dismissed

Mealey's (September 30, 2019, 9:30 AM EDT) -- NEW YORK — A provider of software services for the management of structured finance and derivative portfolios failed to sufficiently plead that its former client violated provisions of the Defend Trade Secrets Act (DTSA) by improperly using its proprietary swap valuation software, a federal judge in New York ruled Sept. 26 (Principia Partners LLC v. Swap Financial Group LLC, No. 18-7998, S.D. N.Y., 2019 U.S. Dist. LEXIS 16557)....