Weapons Buyers Agree To Return Secrets In Peru Project Row
By Bryan Koenig (July 25, 2016, 11:12 PM EDT) -- A rifle company will get back trade secrets allegedly taken by its would-be weapons buyers under an agreement filed Thursday in Florida federal court that leaves untouched the rest of the company's lawsuit alleging it was shut out of contracts with Peru's military worth more than $100 million.
U.S. Magistrate Judge Anthony E. Porcelli approved the stipulated agreement that rifle maker Adams Arms LLC had reached with military consultant Aguieus LLC, its subsidiary, weapons manufacturer Unified Weapons Systems Inc., and their senior officers.
"Defendants deny any wrongdoing but stipulate and agree to not use or disclose any of plaintiff's confidential information...
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