Burr & Forman

12.3.2013   |   Blog Articles, Minnesota, Non-Compete & Trade Secrets Law, Trade Secrets

Huge Verdict in Trade Secrets Case

It’s a little out of this blog’s Southeastern focus area, but a $22.7MM verdict in a Minnesota trade secrets and non-compete case, as reported by the West Central Tribune at wctrib.com, should be a reminder to all employees and employers that a violation in this area of the law can have disastrous consequences for a defendant. The plaintiff, a dairy and food processing equipment company, successfully argued that two former employees took confidential equipment designs from the company’s computer systems and used them on behalf of a Wisconsin-based competitor, Cheese Systems, Inc. The new employer was also found liable for interference with current or prospective contracts. Maybe it’s just me, but my mental image of the defendants is this. If you would like additional information on non-compete agreements and trade secrets law, please contact one of the Burr & Forman Non-Compete & Trade Secrets team members.

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