Texas Judge Denies Bid To Undo $152M Trade Secrets Win
By Britain Eakin (August 4, 2021, 6:39 PM EDT) -- A Texas federal judge denied a motion Wednesday from Karya Property Management and software developer Expedien for judgment as a matter of law in their bid to undo ResMan LLC's $152 million jury win, ruling that the jury verdict finding that Karya misappropriated trade secrets to make competing software was supported by substantial evidence.
U.S. District Judge Amos L. Mazzant III said Karya and Expedien fell short of meeting the high bar for overturning the jury verdict, failing to show that ResMan did not prove it owned a trade secret on its proprietary software platform used to manage apartment buildings that could have...
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