FinancialApps, LLC v. Envestnet, Inc. et al

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Case Number:

1:19-cv-01337

Court:

Delaware

Nature of Suit:

Other Statutory Actions

Judge:

Jennifer L. Hall

Firms

Companies

Sectors & Industries:

  1. 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.

  2. 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.

  3. 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.

  4. 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.