Appian Wins $2B Against Pegasystems For Embezzling Trade Secrets
A Virginia jury ordered Pegasystems Inc (NASDAQ:PEGA) to pay its software rival Appian Corporation (NASDAQ:APPN) $2.04 billion in damages for misappropriating trade secrets. The jury also found that Pegasystems violated the Virginia Computer Crimes Act. The jury further found Pegasystems' misappropriation of Appian's trade secrets willful and malicious. Appian brought the case to trial to…
Benzinga ·