pegasystems News

Appian’s $2 Billion Verdict Against Pegasystems Overturned by Appeals Court

Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems’ alleged theft of Appian’s trade secrets. The award from 2022 had been the …

Appian Wins $2.04 Billion Verdict Against Pegasystems in Trade Secrets Claim

Appian Corp. shares soared and Pegasystems Inc. shares tumbled on Tuesday after a Virginia jury ordered Pegasystems to pay its software rival $2.04 billion in damages for misappropriating trade secrets. The damages award issued on Monday by the Fairfax County …