Employee Trade Secret Theft

Employee Benefits & Executive Compensation    Employee Trade Secret Theft
 

Employee Benefits & Executive Compensation

Related Practices


Theft of trade secrets and other business critical information by employees and other insiders is increasing at alarming rates—costing businesses billions of dollars annually.  Protecting business trade secrets involves identifying which information is critical (versus what may more advantageously the subject of patent protection), designating and maintaining that information as confidential trade secrets by establishing practices, procedures, and policies to maintain confidentiality and reduce the prospect of misappropriation, and being prepared to address immediately breaches that occur.

Covington’s multidisciplinary team, including members of our data security, privacy, intellectual property, international trade, white collar crime, employment, employee benefits and executive compensation, corporate and securities, insurance coverage, and crisis management practices advise clients on protecting their business critical information.

We advise clients on issues including intellectual property portfolio and trade secret assessments, development of comprehensive compliance programs and incentives, risk management, mitigation and insurance coverage, internal investigations, incident response and disclosure, crisis management, employment actions, and litigation.

Representative Matters

  • Representation of Huawei Technologies in trade secret lawsuits against Motorola Solutions involving wireless base station technology; obtained a preliminary injunction preventing the transfer of confidential information in the context of a corporate acquisition and an award of licensing fees.
  • Representation of Applied Security in Fairfax County Circuit Court in a trade secret and employee agreement contract dispute.
  • Representation of Caliper Life Sciences in which we secured a $52 million jury verdict of trade secret misappropriation in California state court related to microfluidics technology. Two related patent infringement cases settled shortly thereafter on terms favorable to our client.

Accolades

  • The National Law Journal - Recognized on the Intellectual Property Hot List (2012)
  • Legal 500 US – (2013)
    • Patent Licensing and Transactional - firm and one attorney individually recognized
    • Patent Prosecution - firm recognized
  • Chambers USA - America's Leading Business Lawyers (2013)
    • Employee Benefits and Executive Compensation (Nationwide) (firm) and (DC) (firm and three attorneys individually recognized)
    • Insurance: Policyholder (Nationwide and DC) (firm and nine attorneys individually recognized in both categories)
    • International Trade (Nationwide) (firm):
    • CFIUS Experts (Nationwide) (two attorneys individually recognized)
    • Export Controls & Economic Sanctions (three attorneys individually recognized)
    • FCPA Experts (one attorney individually recognized)
    • Intellectual Property (Section 337) (firm and two attorneys individually recognized)
    • Trade Remedies & Trade Policy (two attorneys individually recognized
    • Intellectual Property (Nationwide) (firm)
    • IP: Patent (CA) (firm and three attorneys individually recognized)
    • IP (DC) (firm and two attorneys individually recognized)
    • IP Litigation (DC) (firm and two attorneys individually recognized)
  • Chambers Europe (2013)
    • Recognized as a leading firm in Intellectual Property (Belgium) (and one attorney individually recognized)
  • Chambers Global (2013)
    • Data Protection (Global-wide)
    • Intellectual Property (USA) (firm and two attorneys individually recognized)
    • International Trade (USA):
    • CFIUS Experts (firm and two attorneys individually recognized)
    • Export Controls & Economic Sanctions (firm and three attorneys individually recognized)
    • FCPA Experts (one attorney individually recognized)
    • Intellectual Property (Section 337) (firm and two attorneys individually recognized)
    • Trade Remedies & Trade Policy (two attorneys individually recognized)
    • International Trade/WTO (Recognized as a leading firm in the Asia Pacific Region, Belgium, China, Europe-wide, and Global-wide) (four attorneys individually recognized)
  • The Best Lawyers in America (2007-2013)
    • Six attorneys recognized for Intellectual Property Law

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Contacts

kcalia@cov.com
650.632.4717

mchertoff@cov.com
202.662.5060

dfagan@cov.com
202.662.5291

mgallozzi@cov.com
202.662.5344

rshea@cov.com
202.662.5599