Virtu Fights For $3.2M Fee Award Against Ex-Worker

Law360 (January 7, 2021, 8:55 PM EST) -- A unit of high-frequency trading firm Virtu Financial has shot back at a recommendation that it should only get about $401,500 in attorney fees and costs after scoring a win in a trade secret case against an ex-employee, arguing it should be able to collect millions of dollars. 

KCG Holdings Inc., which prevailed in its trade secret misappropriation case in March against Rohit Khandekar, filed an opposition Wednesday to U.S. Magistrate Judge Gabriel W. Gorenstein's recommendation that it only get about $401,500 in fees and costs. KCG said it should get more than $3.18 million in fees and costs — less...

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!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!