Court overturns Appian’s $2bn trade secrets award against Pegasystems | Computer Weekly

General News

Summary

The appeals court overturned a decision by a jury in May 2022 to order Pegasystems to pay Appian $2.04 billion in damages for misappropriating trade secrets following a 7-week trial. The consultant also attended an all-day meeting with Pega’s senior management team at the company’s headquarters in Boston Massachusetts, including its head of product development, according to evidence heard in the case. The company alleged that Pega had misappropriated trade secrets through its dealings with the consultant and brought further claims under the Virginia Computer Crimes Act. Judge Frank K Friedman rejected Pega’s claim that Appian failed to establish misappropriation of trade secrets as a matter of law. “This ruling supports our view that the verdict was a result of a flawed trial on many fronts, including that we were prevented from showing that our software never adopted any Appian supposed trade secrets,” it said.

Classifications

industries
No industries detected
applications
Business Planning / Continuity

AskAI Classifications

Labels
Enterprise Software Workflow Automation CRM Software

Linked Companies

Pega
$1B+