If an employee of your company stole an item of tangible company property when he left to start another job – like a car, or computer, or airplane – would you just let it go? Of course not. Yet, studies show that 50 percent of departing employees take confidential business information from their employer before […]
How to Decide if You Should File a Lawsuit Against Your Former Employee for Trade Secret Theft
Now that you know with certainty that a former employee has left your company for a competitor, and in the process, has stolen your company’s valuable trade secrets, you need to decide whether to file a lawsuit to recapture the stolen intellectual property and recover your damages from him and any other individual(s) involved. The […]
Proactively Protecting Your Company’s Trade Secrets from Theft by Employees
A few years ago, the Symantec Corporation and Ponemon Institute released the results of a survey of employees working for companies in six countries, including the U.S., Brazil, China, France, Korea and United Kingdom. The results were remarkable. They should place every chief executive on notice of the risks of data security breaches her company […]
How Not to Protect Your Company’s Valuable Trade Secrets
A federal district court in Illinois recently reminded all of us of how important it is to take the necessary steps to protect the proprietary information that you consider to be a trade secret before any misappropriation occurs. If you do so after the fact you may lose your ability to enjoin the thieves from […]
Defend Trade Secrets in Federal Court – DTSA Anniversary
In May 2016, the United States Congress enacted the Defend Trade Secrets Act (“DTSA”) taking steps to make a “federal case” out of an area of the law that has been the domain of state law since the founding of the Republic. Whether that decision was a good one or not is yet to be […]