A trade secret lawsuit filed by Baker & Hostetler alleges that a retail distributor stole customer and vendor information from goods wholesaler Center Point Distributors in order to undercut the wholesaler’s existing clients.
Takeaway: The National Law Review has reported a boom in trade secret litigation in recent years that began with the passage of the Defend Trade Secrets Act in 2016. The hotbed of litigation is also fueled by an increasingly mobile global workforce and the ease with which electronic data is captured. While many lawsuits continue to be filed, attorneys with a Raleigh, North Carolina-based firm announced Tuesday that a case involving a jury research consulting company has settled with its former employee over allegations that she created a “knock-off version” of its proprietary legal services through her own legal services company.