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Saracen LLC et al v. Ross et al
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February 28, 2020
Energy Trader Awarded $408K In Software Secrets Trial
A Houston federal jury has awarded $408,000 to energy trader Saracen LLC, finding a former employee broke a confidentiality agreement but rejecting claims he stole trade secrets related to proprietary power grid data analysis software, an attorney confirmed on Friday.
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February 27, 2020
Energy Trader's Software Not A Trade Secret, Texas Jury Told
A $2.8 million suit against a software developer accused of ripping off a Saracen data analysis program isn't really about trade secrets but is instead a bid by a vindictive former employer to put the defendant out of business, his attorney told Houston federal jurors before they began deliberations Thursday.
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February 20, 2020
Secrets Theft Dulled Competitive Edge, Energy Trader Testifies
Saracen LLC suffered unknowable financial damage and lost a major advantage after a former software developer allegedly sold a rip-off of its proprietary data analysis program to competitors, a supervisor at the company told a Houston federal jury Thursday in a $2.6 million trade secrets trial.
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February 19, 2020
Energy Trader Says Ex-Employee Owes $2.6M In Secrets Trial
An energy trader asked a Houston federal jury Wednesday to award it $2.6 million from a former software developer who it claims ripped off a proprietary program that analyzes energy data and tried to sell it to competitors.