Trade Secrets: Potential New Laws — And New Risks

Law360, New York (February 25, 2014, 12:38 PM EST) -- Trade secret theft has become a high-profile issue for the U.S. government, and the last year has seen a flurry of trade secret-related legislation being proposed by Congress. Some of these bills focus on modifying causes of action. For example, the Private Right of Action Against Theft of Trade Secrets Act of 2013 would allow anyone who suffers injury as a result of a violation of the Economic Espionage Act to seek damages, adding a civil cause of action to the existing criminal law. That would give companies a new arrow in the quiver in the fight against trade secret theft....

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