Company: Competitor Used Stock Auction To Improperly Acquire Trade Secrets

( April 19, 2019, 12:16 PM EDT) -- NEW YORK — A company sued its competitor in the translation services industry in New York federal court on April 11, alleging that the competitor acquired its trade secret “under false pretenses” and misappropriated those trade secrets in violation of the Defend Trade Secrets Act (DTSA) and New York common law in an effort to compete with the company (TransPerfect Global Inc. v. Lionbridge Technologies Inc., et al., No. 19-3283, S.D. N.Y.)....

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