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FinancialApps, LLC v. Envestnet, Inc. et al
Case Number:
1:19-cv-01337
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January 06, 2026
Envestnet Trade Secrets Suit Cleared For Trial
A Delaware federal judge has cleared the way for a long-running fintech trade secrets case to proceed toward trial, overruling defense objections to spoliation findings and holding that a jury may infer that destroyed electronic evidence would have been unfavorable to Envestnet Inc. and its former subsidiary Yodlee Inc.
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August 20, 2025
Envestnet Didn't Preserve Data In IP Suit, Special Master Says
A special master in Delaware federal court has recommended sanctioning Envestnet for failing to properly preserve data from a piece of log management software as part of a suit, accusing it of scheming to steal rival fintech software company FinApps' trade secrets.
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August 04, 2023
Envestnet Should Face Trade Secrets Case, Report Says
Envestnet's bid to escape claims that it engaged in a scheme to steal rival fintech software company FinApps' trade secrets should largely be denied since there is conflicting evidence that a jury must weigh, a Delaware federal magistrate judge said in a report and recommendation unsealed Friday.
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July 27, 2023
Atty's Comments About Del. Suit Not Defamatory, Judge Says
A magistrate judge is recommending the Delaware federal court grant FinancialApps a win against Envestnet Inc. over accusations that a Kasowitz Benson Torres LLP partner representing the fintech software company in trade secrets litigation made defamatory statements that damaged Envestnet.