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Jury Verdict : North American Title Co. Inc. v. Liberty Title Co., Land America Financial

The jury awarded a total verdict of $2.8 million. Dan Wentzel, the former president and CEO of plaintiff North American Title Co., founded Liberty Title Co. as a joint venture with Land America Financial Group and Land America Alliance. Approximately 30 employees from three North American Title offices were hired by Liberty Title. North American Title sued Liberty Title, Land America, Wentzel and three former North American Title employees who left for Liberty Title, Steve Gilliland, William Starner and John Thompson, alleging violation of the Uniform Trade Secrets Act, intentional interference with at will employment and breach of fiduciary duties. North American Title contended that Gilliland, Thompson and Starner, former managers, shared employee salary information with Liberty Title, using it to lure North American Title employees to the new company. The defense contended that no trade secrets were misappropriated, and denied all alleged wrongdoing.

Full post as published by The Trade Secrets Vault on August 09, 2008 (boomark / email).