Trade Secrets – Do You Have a Secret?
Effective May 12, 2016, the newly enacted Defend Trade Secrets Act (“DTSA”) allows a civil action for misappropriation of trade secrets in federal courts. Significant features of the DTSA are: Remedies include actual damages, injunctive relief, punitive damages (up to 2 times the actual damages), and attorney fees. Subject to limitations, a federal court can