What's Next: San Jose Federal Jury Returns $40M Verdict in Tech Trade Secrets Trial
Welcome back to What's Next, where we bring you the latest on the intersection of law and technology. You can email…
March 30, 2022 at 01:24 PM
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What's Next
Welcome back to What's Next, where we bring you the latest on the intersection of law and technology.
You can email me at [email protected] and follow me on Twitter at @meghanncuniff.
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Jury Awards $40 Million in Trade Secrets Trial
A trade secrets lawsuit centered on innovative semiconductor technology ended last week in a $40 million jury verdict against defendant XP Power LLC, leading to a motion for permanent injunction that's pending in front of the trial judge.
The verdict, which includes $20 million in punitive damages, occurred on the eighth day of a trial that pitted Kirkland & Ellis against Latham & Watkins, with Latham representing XP and Kirkland representing Comet Technologies USA and Yxlon International GmbH. Comet is a leader in the area of radio-frequency power technology, and it supplies semiconductor processing equipment around the world. XP denied any liability, and said it developed its radio-frequency generator and related network technologies on its own.
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