trade secrets News

Colorado Outfitter Sues Former Guide, Claims ‘Trade Secrets’

Stephen Bass approached Andy Sovick last year with a plan for writing a guide to snowmobile-access skiing around one of the most popular backcountry destinations in Colorado: Buffalo Pass near Steamboat Springs. Bass, a ski patroller at Utah’s Powder Mountain …

Uber, Lyft Balk at Revealing Contracted Drivers’ Names; Claim ‘Trade Secrets’

Uber Technologies Inc. and Lyft Inc. have argued to Chicago city officials that the names of their drivers should be treated as “trade secrets,” and should not be released because competitors could use the information to attempt to hire them …

New Cyber Insurance Package Protects Hedge Funds’ Trade Secrets and Fees

Hedge funds can spend years crafting a trading algorithm or a strategy to keep ahead of competitors. A Stone Point Capital-backed insurance broker is offering to help protect those trade secrets, and their fees, from a cyber attack. Alliant Insurance …

Top Insurance Journal West Stories of 2017

Trade secrets and Hippos, lawsuits and tragedies. The news for 2017 didn’t seem to be dominated by a single trend or sole event, but in an ever-fractured media world that must try and cater to short attention spans and social …

Allstate Sues Former Agent Over EA Agreement in Mass. Federal Court

Allstate is suing one of its former agents in United States District Court for the District of Massachusetts, alleging the agent breached a one-year non-compete clause by misusing Allstate’s confidential information and trade secrets. Defendant Abner Joseph executed an exclusive …

‘Poaching’ Suits Like Aon v. Alliant: Nothing Personal, Just Routine Business

An ongoing legal battle between two large national insurance brokerage firms over employee poaching is a byproduct of a hazard faced in the financial services industries where relationships and knowledge of business practices are premium assets, experts say. A jury …

Texas Lawmakers to Seek Transparency in Government/Private Business Deals

Two Texas lawmakers want to tighten public records laws to make it harder for governments and the companies they do business with to keep financial information secret. Sen. Kirk Watson, an Austin Democrat, and GOP Rep. Giovanni Capriglione of Keller …

Washington-based Zillow to Settle Trade Secret Suit by Move Inc. for $130M

Seattle, Wash.-based real-estate information website Zillow is paying $130 million to settle a lawsuit brought by rival Move Inc. The Seattle Times reported that the settlement was disclosed in securities filings earlier this week, ending more than two years of …

California Judge: Lyft Lawsuit Against Uber Exec Should Go to Trial

An Uber executive lost a bid to throw out a breach of contract lawsuit filed against him by his former employer, Lyft, in advance of a trial scheduled for next month, according to a tentative ruling by a California state …

Wyoming Fracking Trade-Secret Justification Required Under Deal

A legal settlement will require petroleum companies to provide justification when they ask Wyoming regulators to withhold from the public details about the chemical products they pump underground. Last year, the Wyoming Supreme Court sided with a landowners group and …