6 results for 'cat:"Trade Secrets" AND cat:"Racketeering"'.
J. Frimpong denies in part a former senior vice president's motion for judgment as a matter of law and grants in part his motion for a new trial regarding his former employer's, a human tissue product seller's, allegations that he misappropriated trade secrets, breached relevant contracts and interfered with the company's prospective economic advantage. The jury properly found that the former employer's manufacturing process was confidential, and that the former employee used or disclosed this information. The breach of duty claims are not preempted by trade secret law. The damages are supported by the evidence. There were no legal errors that would justify granting a new trial. However, there was insufficient evidence of the former employee's ability to pay a punitive damages award. The parties are ordered to further brief the issue of an appropriate punitive damages award.
Court: USDC Central District of California, Judge: Frimpong, Filed On: April 17, 2024, Case #: 2:20cv3444, NOS: Racketeer Influenced and Corrupt Organizations (RICO) - Other Suits, Categories: trade Secrets, Contract, racketeering
J. Ellis grants the defendant marketing agents’ motion to dismiss RICO and Defend Trade Secrets Act violation claims brought by cryptocurrency developers. The developers hired the marketing agents to help them advertise their cryptocurrency and its associated hardware, only for the marketers to fleece them for as much money as possible, sometimes charging thousands of dollars for reasons that were never fully elaborated. They also failed to tell the developers that per a prior order from the FTC, they were not allowed to perform certain marketing activity. However, the court finds the developers have failed to show how the marketing agents' behavior amounts to racketeering or betrayal of trade secrets.
Court: USDC Northern District of Illinois, Judge: Ellis, Filed On: March 5, 2024, Case #: 1:22cv708, NOS: Racketeer Influenced and Corrupt Organizations (RICO) - Other Suits, Categories: trade Secrets, Technology, racketeering
J. Daniel alternately grants and denies multiple dismissal motions from multiple defendants in this sprawling racketeering, trade secret and contract case brought against them by Walgreens. The pharmacy chain accuses the defendants — store landlords, former employees and real estate investors — of conspiring to buy and sell Walgreens-leased properties while denying it its right of first refusal in real estate transactions involving Walgreens locations. The court agrees it lacks jurisdiction over several of the named investors and dismisses the claims against them, while denying the motion to dismiss from the main real estate firms involved in the suit. Against these defendants, the court finds Walgreens has sufficiently alleged the firms conspired to box its right of first refusal out of real estate transactions. The court issues a more complex order against a single investor, finding insufficient support for Walgreens RICO claims against him but allowing its Defend Trade Secrets Act violation claim to mover forward.
Court: USDC Northern District of Illinois, Judge: Daniel, Filed On: January 4, 2024, Case #: 1:21cv2522, NOS: Other Statutory Actions - Other Suits, Categories: Real Estate, trade Secrets, racketeering
J. Wicks grants a motion to disqualify an attorney from acting as defense counsel for a group of companies named in a civil lawsuit brought by a series of car dealerships that alleges an illegal racketeering scheme to setup a separate group of car dealerships by stealing the dealers’ funds, employees and trade secrets. The court finds the attorney is barred under the advocate-witness rule, as he is a necessary witness who will be called upon to provide testimony regarding acts of fraud that he allegedly committed in furtherance of the scheme.
Court: USDC Eastern District of New York, Judge: Wicks, Filed On: December 1, 2023, Case #: 2:23cv6188, NOS: Racketeer Influenced and Corrupt Organizations (RICO) - Other Suits, Categories: Fraud, trade Secrets, racketeering
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