Trade Secret

The Federal Circuit reversed a $452 million jury verdict, holding that Insulet’s trade secret misappropriation claim under the Defend Trade Secrets Act was time-barred because Insulet knew or should have known of the alleged misappropriation more than three years before filing suit.

The Federal Circuit reversed a district court’s reduction of an $82 million jury verdict for breach of contract to just $3, and held that trade secret plaintiffs have a statutory right to pursue unjust enrichment damages under both the DTSA and Michigan’s trade secrets act.