Misappropriation of Trade Secrets

KEY INFORMATION: 

Project name: California-Based Startup Company v. International Consumer Electronics Retailer Misappropriation of Trade Secrets Matter

Client: Confidential -- California-Based Startup Company

Services Provided: Intellectual Property & Infringement Services, Finance & Economic Damages, Dispute Resolution, Commercial Dispute

SOCOTEC was engaged by legal counsel representing a California-based startup specializing in trade secrets related to the guaranteed buyback of used consumer electronics. The firm was tasked with analyzing and quantifying the monetary damages incurred by the plaintiff due to the defendants' alleged breach of contract and misappropriation of trade secrets under the California Uniform Trade Secrets Act.

Our team conducted thorough research on industry data, scrutinized financial records, and assessed millions of individual transactions to establish both lost profits and disgorgement of profits calculations. SOCOTEC provided expert deposition and trial testimony, along with consulting services during the depositions and trials of key fact witnesses. As a result of our comprehensive analysis and expert support, the jury awarded our client over $27 million in damages.