Appeal Zapped In Laser Surgery Trade Secrets Case

Law360, New York (February 6, 2007, 12:00 AM EST) -- An appeals court has affirmed a district court ruling that found former sales executives of eye surgery equipment maker Synergetics Inc. guilty of misusing trade secrets.

The appeals court affirmed that Charles Richard Hurst Jr. and Michael McGowan used Synergetics’ trade secrets to start their own company. In September 2005, the men were found guilty of trade secret misappropriation, breach of contract, intentional interference with business relationships and breach of fiduciary duty. The appeals decision was filed Monday.

Hurst and McGowan appealed, saying that the district...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.