keady | US court reinstates $81 million award against Boeing in trade secrets case |
| A U.S. appeals court on Thursday reinstated an $81 million award against Boeing in a lawsuit accusing it of stealing trade secrets from electric-aircraft startup Zunum Aero. The 9th U.S. Circuit Court of Appeals overturned a California judge's decision to throw out a jury verdict for Zunum, rejecting his finding that the information Boeing allegedly stole was not entitled to trade-secret protection. A spokesperson for Boeing declined to comment on the appeals court's decision. Zunum attorney Vincent Levy of Holwell Shuster & Goldberg said that the decision "affirms what we have said from the start - that Zunum had an enormous opportunity to remake air travel, but Boeing took that opportunity away.” Blake Brittain/Reuters |
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