Dana Can't Prove Trade Secrets Theft, Judge Rules

Law360, New York (August 20, 2013, 6:13 PM EDT) -- A Michigan federal judge on Monday nixed Dana Ltd.'s lawsuit alleging that a rival auto parts company and three former employees engaged in unfair competition and stole trade secrets, finding that although Dana’s concerns about the misuse of confidential information were justified, the company failed to provide enough evidence.

Dana sued American Axle and Manufacturing Holdings Inc. in May 2010, alleging that employees who left its Kalamazoo-based facility in April 2010 and began working for American Axle had downloaded numerous files from the company prior to...
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.