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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.

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