Salt Lake City Trade Secrets Attorney
Trade secret litigation is a central portion of Larsen & Rico’s complex intellectual property litigation practice. With technology and internet companies on the rise across the United States, protecting the confidential, privileged information held by senior executives, business owners and certain employees has risen ever higher in priority for companies in Utah, New York, Texas, California, and throughout the nation. Our Salt Lake City trade secret attorneys have years of experience and two significant wins in trade secret cases:
- Giles Construction, LLC v. Tooele Inventory Solution, Inc.: On June 16, 2015, on a Motion for Summary Judgment, Judge Shelby of the United States District Court for the District of Utah dismissed all claims against our client, Tooele Inventory Solution, including claims for violations of the Computer Fraud and Abuse Act, the Lanham Act and the Utah Uniform Trade Secret Act. Case No. 2:12-cv-37.
- United Producers v. Brokerage 360: On June 10, 2015, at 9:00 p.m., in a complicated Utah Uniform Trade Secret Act case, with over 600 marked exhibits, the jury returned a verdict for the Defendant Brokerage 360 and its owner, Defendant Carl Roestenburg. United Producers asked the jury for $1.2 million for unjust enrichment and received nothing, zero against these key defendants.
Trade secrets comprise a wide range of subjects, from formula used by financial firms and recipes for beverages to procedures for manufacturing and programming code for software applications. These business secrets also include patterns, algorithms, client lists, customer lists, data compilations and a variety of other information that is neither known to the general public nor to competitors of the trade secret owner. Contact our Salt Lake City trade secret attorneys for more information.
In our trade secret practice, Larsen & Rico works with executives, business owners, inventors, startup enterprises and others to address their risks with regard to trade secrets, including:
- Counseling holders of trade secrets about protecting their secrets
- Developing protocols to avoid misappropriation of trade secrets
- Defending against claims of trade secret appropriation
- Representing clients in asserting misappropriation claims
- Enforcing compliance with nondisclosure and noncompetition agreements
- Seeking injunctive relief to prevent disclosure or use of trade secrets
Trade secrets are generally protected by state law. Most states have adopted the Uniform Trade Secrets Act, which allows for imposing civil liability on those who illegally obtain trade secrets and those who disclose them.
The Intersection of Employment Litigation and Trade Secrets
Nondisclosure and noncompetition agreements are of great importance when it comes to trade secret litigation and protection. Although some trade secrets are misappropriated through industrial espionage, the vast majority of trade secret “thefts” and disclosures are made by current and former employees. Another primary source of disclosure is the breach of confidentiality agreements with regard to a transaction, such as a license or distribution agreement. At Larsen & Rico, it is our duty to ensure that our clients’ proprietary, confidential data remains proprietary and confidential, whether from disgruntled employees, breach of confidentiality, or any other source. Contact our Salt Lake City trade secret attorneys today.