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Eaton suit over trade secret theft may be dead due to improprieties

By DAN SHINGLER A lawsuit Eaton filed against a competitor over stolen trade secrets was thrown out last month by a Mississippi circuit court that said the company allowed its attorney to influence a judge improperly. The outcome leaves Eaton preparing to appeal the ruling before the Mississippi Supreme Court in the hope that it can re-file its case. Eaton spokesman Gary Klasen said last week the company could not comment on estimates by legal observers that the lawsuit might have been worth as much as $1 billion to the company had a ruling been made in its favor. Eaton did not ask for a specific dollar amount in its suit. To continue reading this interesting article from Crain's Cleveland Business, please click here.

Full post as published by The Trade Secrets Vault on January 19, 2011 (boomark / email).