June 23, 2017
The Fifth Circuit rejected the last efforts of a mathematician and an attorney found to have stolen high-frequency trading firm Quantlab Technologies Ltd.'s code to launch a competing firm, saying Thursday that Quantlab proved its code was a trade secret and fairly presented its damages proposal.
February 03, 2017
Stock trading firm Quantlab Technologies Ltd. on Thursday told the Fifth Circuit its $12.2 million trade secrets win against a former employee and rival should be affirmed on the basis of ample evidence that its exact trading strategy was stolen to form a competitor.
December 01, 2016
A founder of a stock trading firm that was ordered to pay $12.2 million for taking source code from rival Quantlab Technologies Ltd. has told the Fifth Circuit that his defense was disadvantaged because he didn’t know what trade secrets he was accused of stealing.