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Intellectual Property Law
: The Trade Secrets VaultMagleby & Greenwood Score Win for ClearOne
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The law firm of Magleby & Greenwood, P.C. scored a multi-million dollar damages award for ClearOne Communications, Inc. in a jury trial for misappropriation of trade secrets (and other claims) conducted last month, presided over by Judge Tena Campbell. ClearOne's attorneys were James E. Magleby, Jennifer F. Parris, and Christopher M. Von Maack. The trial was held in the District Court for the District of Utah, with ClearOne suing Biamp Systems Corp., WideBand Solutions, Inc., three of WideBand's principals, and Versatile DSP, Inc. The complaint alleged the theft of certain algorithms and computer code. The jury returned a verdict in favor of ClearOne and against all of the defendants. The jury awarded ClearOne approximately $3.5 million in compensatory damages and $7 million in punitive damages, concluding that defendants willfully and maliciously misappropriated ClearOne's trade secrets. ClearOne is a communications solutions company that develops and sells audio conferencing systems and related products.Full post as published by The Trade Secrets Vault on December 15, 2008 (boomark / email).
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