Big Lots Ends Trade Secrets Suit With Research Firm

Law360, New York (February 18, 2011, 5:36 PM EST) -- Big Lots Inc. has agreed to settle its trade secrets case alleging market research firm Retail Intelligence Group LLC had obtained proprietary information by conducting unauthorized surveys of store employees.

A notice of dismissal was filed Thursday in the Circuit Court for the Thirteenth Judicial Circuit for Hillsborough County, Fla. In the settlement, Retail Intelligence agreed not to contact Big Lots employees anymore and to give Big Lots certain confidential information.

No money is changing hands as part of the settlement, said Michael Paskin of Cravath...
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