URS To Settle Trade Secrets Suit With Ex-Workers

Law360, New York (February 08, 2011, 5:04 PM ET) -- Engineering firm URS Corp. has settled its suit accusing six former employees of violating company code by defecting to competitor SynTerra Corp. with client business and confidential company information.

Judge J. Michelle Childs of the U.S. District Court for the District of South Carolina issued a dismissal order on Monday, saying the parties had advised her that the suit had been settled.

If the settlement isn't consummated in 60 days, either side can petition the court to reopen the matter, the order says.

San Francisco-based URS...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers