Trade Secrets Litigation

Trade secrets are valuable intellectual property that derive their worth from being kept confidential. Unlike other forms of IP, trade secrets rely on secrecy to maintain their competitive edge. EAG Law Group has extensive experience in both protecting businesses’ trade secrets and defending against misappropriation claims. From preventative measures to legal action, EAG helps companies safeguard their confidential information and recover damages if theft occurs.

Trade secrets are a unique form of valuable intellectual property (“IP”). Most IP is protected by publicly disclosing the unique information, establishing the use for commercial purposes, and publicly staking a claim to its exclusive use through patents, trademarks, services mark, or copyright filings. A trade secret is the exact opposite, as its economic value derives from being unknown to competitors who could otherwise use the information for their competitive advantage.

Trade secrets can consist of secret formulas for products or non-public proprietary processes or ways of doing business. Most commonly, trade secrets consist of a list of clients or customers who have an historical need for particular goods or services in industries where there is fierce competition for market share. Misappropriation can take the form of a single former employee looking to exploit a customer list or a coordinated effort by a competing business to “raid” a company’s employees who have knowledge of trade secrets.

EAG has substantial experience in state and federal court in both protecting a company’s trade secrets or defending claims of misappropriating another company’s trade secrets. EAG also advises businesses on implementing policies and practices designed to protect their trade secrets and to mitigate the risk of employee misappropriation.

• Preventative trade secret protection measures.
• Cease and desist demands.
• Trade secret protection injunctions.
• Employee raiding cases.
• Actions to recover monetary damages for trade secret theft.