How Was a Trade Secret Compromised?
Trade secrets can range from recipes that provide restaurants with distinctly flavored foods to processes that allow factories to achieve high levels of production. They can also include things like customer lists and sales leads. These secrets are designed to give businesses an edge over competitors. For that reason, competitors are frequently trying to learn these secrets. A trade secret can be compromised when an employee defects to a competing company, bringing privileged information with them. Often, this is in violation of non-disclosure agreements or confidentiality agreements. Caddell & Chapman successfully litigated a commercial disparagement, defamation, and unfair competition case against a major U.S. corporation in which the firm ultimately settled issues of trade secrets, patent infringement, and future lost profits. Moreover, the firm was successful in obtaining a substantial recovery in another trade secrets case against a Fortune 500 company after the firm reversed a tr
