OneBeacon Loses Bid To Dismiss Ace's Trade Secrets Suit

Law360, New York (September 7, 2012, 1:23 PM EDT) -- A Pennsylvania federal judge on Thursday blocked a move by OneBeacon U.S. Holdings Inc. to toss a complaint by ACE American Insurance Co. accusing its rival of poaching workers and pilfering trade secrets, finding ACE’s claims were conceivable enough to sustain the lawsuit. 

ACE originally brought the complaint in late August, alleging that OneBeacon conspired with former employees to steal trade secrets from ACE in an attempt to cripple its surety business, in violation of the Pennsylvania Uniform Trade Secrets Act. U.S. District Judge Paul S....
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