Defendant In Tech Company's Trade Secret Suit Appeals $5.7M Damages Award

Mealey's ( September 25, 2020, 9:07 AM EDT) -- TAMPA, Fla. — A technology company's industry competitor on Sept. 4 appealed a Florida federal jury's award of $5.7 million in damages stemming from the defendant's alleged misappropriation of the company's trade secrets in developing competing systems that were nearly identical to those of the company (Financial Information Technologies Inc. v. iControl Systems USA LLC, No. 17-190, M.D. Fla.)....