By Mike Cherney (July 16, 2010, 5:46 PM EDT) -- A California state jury granted $1.525 million in punitive damages Friday to Technology Information Group, adding to the $9.36 million in compensatory damages it awarded to the company a day earlier in a trade secrets dispute with its former employees and a competitor.
The California Superior Court jury found San Francisco-based FusionStorm, three of its executive officers and three former TIG employees who were hired by FusionStorm liable for breach of fiduciary duty, breach of loyalty, misappropriation of trade secrets and other causes of action, said Morrison & Foerster LLP, which represented TIG, in a statement.
Of the punitive damage award,...
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