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What will be the outcome of the new trial in the $2 billion trade secret case by August 8, 2025?
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Resolution / Starting Odds
Plaintiff wins with same damages • 25%
Plaintiff wins with reduced damages • 25%
Plaintiff loses • 25%
Case is settled • 25%
Court records and official verdict announcements
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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.
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