New York Supreme Court Dismisses $10 Million Trade Secrets Claim
Where know-how, methods or means, and confidential data is central to the success of a business, that business is likely to intersect with trade secret law at some point – particularly when hiring employees from other companies within the same industry. One of the particular disadvantages of being named a defendant in a trade secrets lawsuit is that such matters are often fact-intensive and cannot be resolved with an early dispositive motion. Representing a regional pharmacy facing a theft of trade secrets claim for $10 million, Cuddy & Feder was able to overcome those odds. The Cuddy & Feder litigation team, led by Brendan Goodhouse, won a motion to dismiss in the New York Supreme Court, Commercial Division, dismissing all claims asserted against our client because the plaintiff failed to sufficiently allege that our client employed wrongful means in acquiring the alleged trade secrets.
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