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Insurers Need Not Cover Trade Secrets Theft Verdict, 5th Circuit Rules

By: Sheri Qualters
The National Law Journal

The jury ruled that Consolidated Graphics committed three torts: misappropriation of trade secrets, intentional interference with at-will employment relations and breach of fiduciary duty. It awarded Rudamac $5,698,000 in compensatory damages jointly and severally against Chambers, Thousand Oaks and Consolidated Graphics. It also awarded punitive damages, including $1,500,000 against Thousand Oaks and $6,647,000 against Consolidated Graphics. The judgment was affirmed on appeal.

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