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ARTICLE · 10 OCTOBER 2023

Case Study: Financial Trading Systems Experts Assist In IP Litigation

For this case, a major national stock trading venue sued a global financial exchange operator alleging that former employees misappropriated trade secrets in their transition to employment...

United StatesIntellectual Property

For this case, a major national stock trading venue sued a global financial exchange operator alleging that former employees misappropriated trade secrets in their transition to employment at the plaintiff's corporation. Let's look at how WIT was able to meet the expert need and assess the future legal landscape of the industry.

The Case: A Trade Secrets and Patent Infringement Suit Spurs Countersuit Alleging Antitrust Violations

The defendant, a major national stock trading venue, sued a global financial exchange operator alleging that former employees misappropriated trade secrets in their transition to employment at the plaintiff's corporation. The defendant claims that prior to departure from the firm, former employees forwarded technical documents that contained proprietary trade secret information which was then used to form trading platforms operating in the plaintiff's ecosystem.

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