September 3, 2010

Eight Of America's Most Secretive Companies

By: 247 Wallst.
Charles B. Stockdale, Michael B. Sauter, Douglas A. McIntyre

Secrecy is critical to more businesses than most people might imagine.

Entire industries are based to some extent on the process of creating goods and services and then putting them behind walls of secrecy.

This is a list of eight of the most secretive companies in America, firms which rely heavily on keeping secrets. A breach of their most confidential products or services could damage their current business value and, over time, even destroy a company.

In order to continue reading about eight of the most secretive compaines, please click here.

GameStreamer Execs File Lawsuits Over Trade Secrets, Religious Discrimination

By Leigh Alexander, Kris Graft

Tim Roberts and Terrance Taylor, former CEO and CFO of digital distribution provider GameStreamer, have filed a countersuit against the company's current board chairman and majority stakeholder, Ronald Westman.

Roberts and Taylor, who resigned from the company in May 2010, claim Westman used predatory loans to gain his majority share, according to court documents received by Gamasutra.

The suit claims that he fired the pair in part because they would not convert to Seventh Day Adventists. The suit also alleges that Westman intended to misrepresent the company's value in a presentation to blue chip giant Cisco by inflating it by some $20 million.

In order to read the complete news article from Gamasutra, click here.

September 2, 2010

E*Trade Escapes Enrichment Claims

By JEFF D. GORMAN

(CN) - E*Trade was not unjustly enriched by its misappropriation of another company's trade secrets because it lost money using them, a California appeals court ruled.
Ajaxo Inc. successfully sued E*Trade for misappropriation of trade secrets regarding stock trading through wireless devices. A second trial took place on the issue of unjust enrichment.

In order to read the complete news article from Courthouse News Service please click here.

August 6, 2010

Judge Sets Trial Date for New Barbie v. Bratz Showdown

By: Alison Frankel

Santa Ana, Calif., federal district court judge David Carter issued an order setting a trial date of Jan. 11 for Mattel's broad array of claims against the upstart doll maker MGA Entertainment.

In a separate order Monday, Judge Carter denied MGA's motion to dismiss Mattel's RICO claims, finding that Barbie's parent company adequately pled predicate acts of mail fraud, wire fraud, and obstruction of justice (among other things) against MGA. He also refused to dismiss Mattel's theft of trade secret claims against its bitter rival.

To continue reading this interesting news article from The American Lawyer, please click here.

Crocs settles trade-secret swiping suit with Columbia

By: Rita Wold

Columbia Sportswear has settled a trade-secrets lawsuit against Crocs, the Niwot-based maker of colorful shoes.

The lawsuit stemmed from an incident in which Crocs hired a Columbia employee as an independent contractor.

"Columbia alleged claims of misappropriation of trade secrets, intentional interference with contract, and aiding and abetting the employee's breach of his duty of loyalty to Columbia," according to the press release.

Crocs, in the release, expressed regret for hiring a Columbia employee and said it was pleased the dispute was resolved. "Crocs respects third-party trade secrets, intellectual property and employment-related obligations," the release stated.

To read the complete news article from The Denver Post, please click here.

August 5, 2010

Bellator Attorney: UFC 'Trade Secrets' Lawsuit Unmerited

By: Loretta Hunt

Zuffa LLC, the parent company to the Ultimate Fighting Championship and World Extreme Cagefighting, filed suit against prominent fighter agent Ken Pavia and Bellator Fighting Championships last Wednesday in Clark County District Court in Nevada.

In the complaint, which was first brought to light by Yahoo Sports on Thursday, Zuffa accuses Pavia, Bellator, and other unnamed defendants of conspiring to and misappropriating documents and information it has deemed as "trade secrets" to the rival promotion for its own personal gain in the MMA market. Zuffa's complaint seeks unspecified damages, as well as injunctive relief preventing all defendants from using said information moving forward.

To read the complete article from Sherdog, please click here.

July 15, 2010

EBay Sued for $3.8 Billion Over XPRT Payment Patents

By Victoria Slind-Flor

EBay Inc., the most-visited U.S. e-commerce site, and units including PayPal Inc. were sued by XPRT Ventures LLC for $3.8 billion over claims the online retailer infringed patents related to e-commerce payment systems.

EBay infringed six patents for online payments and stole trade secrets by sharing information in a patent application despite a confidentiality agreement, Greenwich, Connecticut- based XPRT said yesterday in a complaint in U.S. District Court in Wilmington, Delaware.

To read the complete article from Bloomberg, please click here.

Web Development Company Discloses 5 Trade Secrets of Contact Form Development

Company: Web Development Company
Country: India
Contact: Sparsh

Hence Sparsh Technologies have come up with guidelines to create a good contact form which can be useful to all including an already established web development company. Here are a few things the web developers can do to enhance the contact page:

1. Most of the people are in a hurry and hate to think to fill in the details asked for in the contact form. So keep the form as simple as possible to fill in.

2. Ample options should be given in the contact form by the web development company to make sure all possible thoughts are included. Option for others should be there.

To finish reading the totality of this interesting article published by ADDPR, please click here.

Feds Will Retry Trade Secret Count in Economic Espionage Case

Dan Levine
The Recorder

Prosecutors won't give up trying to convict a pair of Silicon Valley engineers, even though a judge and jury junked most of their case and one of the defendants is broke.

The Justice Department has been vocal about blocking technology leaks to foreign governments, especially China. So three years ago it bumped up trade secret charges against Lan Lee and Yuefei Ge to include economic espionage. Prosecutors accused Ge and Lee of stealing trade secrets from their employer, NetLogic Microsystems, and trying to commercialize them with venture funding from the Chinese government.

But a jury acquitted the men on some of those counts. Then U.S. District Judge James Ware took the rare step of ordering acquittals for the remaining charges on which the jury hung, save for one trade secret count.

To read this interesting article from Law.com, please click here.

July 3, 2010

HP hit with 'trade secrets theft' law suit

By: Daniel Shane

Hewlett-Packard has been hit with a law suit alleging that it 'stole' trade secrets relating to printer cartridges.

US imaging supplies firm Turbon International claims that HP offered potentially lucrative cartridge replacement contracts to the vendor in December 2008 in exchange for a "unique understanding" of how it makes money from used cartridges.

Turbon claims that once it had "methodically disclosed every intricate detail of its business", HP in January 2010 decided to cancel all plans to offer contracts to Turbon. The claimant accuses HP of then encouraging its customers to recycle their cartridges, rather than purchase replacements.

To continue reading this interesting article from , please click here.

Trade-secret war over Hollywood set locations

By Eriq Gardner
LOS ANGELES (Hollywood Reporter)

Universal Locations is in the business of providing film locations for studios such as Warner Bros., Paramount, Universal (no relation), 20th Century Fox, and most of the big television networks.

In a new lawsuit, the company claims its secrets were stolen when two former employees took confidential information to competitor, Site to Site Locations.

Universal says it has scouted, marketed and listed over 5,000 properties for use in television and the movie industry, generating more than $50 million in location rentals. In the course of business, Universal has developed a database of information including customers' names, addresses, pricing, property profiles and contact information.

To cotinue reading this interesting article from Reuters, please click here.

June 23, 2010

Kagan sought secrecy in 4 of 5 open gov't cases

By SHARON THEIMER (AP)

Supreme Court nominee Elena Kagan's arguments as solicitor general in several cases on government secrecy were at odds with a promise of transparency made by her boss and top client, President Barack Obama.

The FCC had released some of the information under an open records request, but withheld some, citing FOIA exemptions that cover trade secrets and humans' right to privacy.

The ruling threatens to put up barriers to the release of information "concerning corporation malfeasance in government programs that the public has a right to review," Kagan told the justices.

If Kagan is confirmed as expected and the court takes the AT&T case, she will have to recuse herself due to her past involvement.

To read the complete article from The Associated Press, please click here.

June 21, 2010

Bakery firm sues to protect secret of 'nooks and crannies'

One of the nation's largest bakeries has asked a federal court to help protect valuable trade secrets - the recipe and processes responsible for the trademarked "nooks and crannies" of Thomas' English Muffins.

These closely guarded details are fully known only by a handful of executives, and now one of them has been offered a job by Hostess Brands -  the maker of Wonder Bread, Twinkies, and other bakery goods.

To continue reading this interesting article from Journal Tribune, please click here.

Starwood may pursue Hilton trade secret theft case

By: Deepa Seetharaman and Jonathan Stempel

Hilton Worldwide lost its bid to dismiss a lawsuit by rival hotel operator Starwood Hotels & Resorts Worldwide Inc (HOT.N) that accused it and two former Starwood executives of stealing trade secrets.

U.S. District Judge Stephen Robinson on Wednesday ruled that Starwood had presented sufficient evidence to allow the case against Hilton, which is owned by private equity firm Blackstone Group LP (BX.N), to go forward.

To read the complete article from Reuters, click here.

Palace: Ex-staffers stole trade secrets

By: Mike Martindale
The Detroit News

Pontiac -- The folks at The Palace of Auburn Hills figured a lot of business savvy blew out the door when longtime president and CEO Tom Wilson took a job with Detroit businessman Mike Ilitch in February.

But they apparently didn't count on Wilson wooing away nine key Palace employees who, a lawsuit now alleges, stole confidential data to fill seats and suites at Joe Louis Arena and unlawfully compete for sponsors, advertisers, concessionaires and vendors.

The Oakland Circuit Court lawsuit alleges violations of Michigan's Trade Secrets Act. It also claims breach of contract, unfair competition and conspiracy by Olympia and ex-employees of Palace Sports & Entertainment (PSE).

Council to discuss 'trade secrets and the purchase of property' on Tuesday

Hudsonhubtimes.com

Hudson Mayor William Currin has called a special meeting of Council on June 22 at 7:30 p.m. in Town Hall to discuss "trade secrets and the purchase of property for public purposes." The discussion will take place in executive session, which means it is not open to the public.

June 20, 2010

Trade Secrets and the Computer Fraud and Abuse Act

By: Laurie Berke-Weiss
New York Law Journal

The Computer Fraud and Abuse Act, 18 USC §1030, has emerged as a vehicle for trade secret misappropriation claims where a computer transmission is involved in the transfer or destruction of corporate data from a computer whose use in some way affects interstate commerce.

When enacted in 1986, the CFAA was solely a criminal statute, aimed at preventing the illegal accessing of national security information through computer use and the electronic transmission of information which could harm the United States or benefit foreign nations. Amendments to the act expanded its scope to include theft and fraud via computer; altering, damaging, and destroying data; and trafficking in passwords and other protected information.

To read the complete article from Law.com, click here.