$72M Judgment Entered Against Chinese Company For Source Code Misappropriation

(June 21, 2024, 8:29 AM EDT) -- NEW YORK — A New York federal judge entered judgment worth more than $72 million against a Chinese company reflecting a confirmed arbitral award against it for misappropriating an American company’s source code and later breaching a settlement agreement under which it had agreed to let the American company review its code for further use of its trade secrets....