Payments Co. Rips Rival's Retrial Bid In Trade Secrets Case
Law360 (April 17, 2020, 8:57 PM EDT) -- Payments software provider iControl Systems USA should not be afforded a new trial in a trade secrets case, rival Financial Information Technologies told a Florida federal judge, saying that sufficient evidence of misappropriation supports the jury verdict.
Financial Information Technologies, or Fintech, responded Thursday to iControl's April 2 filing seeking a new trial in the U.S. District Court for the Middle District of Florida in a case addressing the misappropriation of trade secrets related to electronic payment services.
In early March, a Florida federal jury awarded $2.7 million to Fintech for alleged misappropriation of trade secrets and another $3 million after...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!