Virginia Appeals Court Reverses $2 Billion Trade Secret Verdict

Aug 8, 2024, 03:16 PM

The Virginia Appeals Court has reversed a $2 billion trade secret verdict and remanded the case for a new trial. The decision highlights the necessity for plaintiffs in trade secret cases to prove unjust enrichment damages. This ruling has significant implications for future trade secret litigation, emphasizing the burden of proof on plaintiffs to demonstrate financial harm.