Software company Appian accused rival Pegasystems of stealing trade secrets to improve its own business-services products. Tuesday’s decision overturns what had been the largest award in Virginia history.
July 30, 2024 at 07:14 PM
5 minute read
The original version of this story was published on The Recorder
A $2 billion trade secrets verdict against Massachusetts-based software company Pegasystems was overturned Tuesday by a Virginia appellate court, which said errors at the jury trial merited returning the case for a new hearing.
The decision by the Court of Appeals of Virginia reverses what had been the largest damages verdict in the state’s history, the court said.
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