Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel’s trade secrets to build up its renewable-fuel capabilities, a jury in a California state court decided on Wednesday. The jury in Oakland agreed with …
Silicon Valley billionaire Thomas Siebel has accused the Italian energy company Enel SpA of copying the IP of the software firm he runs, C3.ai. C3, based in Redwood City, California and known for its data management and analysis software, accused …
Electric car maker Rivian Automotive will go on trial over allegations that it encouraged its employees who defected from Elon Musk’s Tesla to steal trade secrets, according to a tentative ruling issued by a California judge. Judge Theodore C. Zayner …
HSBC Holdings Plc won the dismissal of most claims brought by First Citizens Bank & Trust Co. over the hiring of dozens of Silicon Valley Bank employees following the lender’s collapse last year. In an order Tuesday, US Magistrate Judge …
American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group and three former AIG executives who launched the nationwide E&S lines insurance holding company about a month ago. According to …
Apple Inc. said it’s reached an agreement that potentially settles its 2022 lawsuit accusing startup Rivos Inc. of poaching engineers to steal trade secrets. In a joint court filing Friday, the companies told a judge they’re aiming to finalize an …
A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co. to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets. U.S. District Judge Matthew Leitman said that …
WASHINGTON — The U.S. International Trade Commission (ITC) on Wednesday sided with South Korea’s chemicals and electric vehicle (EV) battery maker LG Chem Ltd, which accused its cross-town rival SK Innovation Co Ltd of misappropriating trade secrets related to EV …
DENVER — Stephen Bass approached Andy Sovick last year with a plan for writing a guide to snowmobile-access skiing around one of the most popular backcountry destinations in Colorado: Buffalo Pass near Steamboat Springs. Bass, a ski patroller at Utah’s …
For the last several years, hackers based in China have allegedly been sucking up vast amounts of personal data of U.S. citizens: names, dates of birth, Social Security numbers, even fingerprints. On Monday, the U.S. Justice Department took another stab …