The plaintiff was awarded $66 million in a matter involving the misappropriation of trade secrets by a former employee and a Chinese company. Retained by Reed Smith Lumileds, a Silicon Valley–based lighting company specializing in LED technology, sought damages in a California state matter involving the misappropriation of the company’s trade secrets by Chinese company Elec-Tech International Co. Ltd. (ETI). Plaintiff’s counsel retained Matthew Lynde of Cornerstone Research to opine on damages issues. Dr. Lynde presented his analysis of the value of the trade secrets. He explained that ETI avoided significant costs by misappropriating Lumileds’s trade secrets. The plaintiff accused a former employee of copying thousands of files containing Lumileds’s LED-related trade secrets and other inf

Join for free to read