Tag: Trade Secret Loss

6th Circuit Rules on Stolen Trade Secrets, Noncompetes

The U.S. 6th Circuit Court of Appeals (whose rulings apply to all Ohio employers) barred two former employees from using stolen trade secrets for their new business but vacated the lower court’s judgment enforcing a three-year noncompete agreement because the employer hadn’t proven the restriction was reasonable.

Trade Secrets: Court Says Employer’s Insurance Policy Didn’t Cover Stolen Information; Are You Protected?

Employers take many steps to try to prevent the loss of trade secrets. You ask employees to sign nondisclosure agreements, implement security systems and train your workforce on how to keep information confidential. Despite your best efforts, a breach sometimes occurs and your trade secrets end up in a competitor’s hands. In a new case, […]