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Ford wins reversal of $105 mln trade secrets verdict

Published: May 1, 2023

A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.

Source: reuters.com

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United StatesNew YorkMatthew LeitmanJonathan StempelUs District CourtVersata SoftwareFord Motor CoVersata Software IncThomson Reuters Trust PrinciplesJudge Matthew LeitmanTexas Based VersataEastern DistrictThomson Reuters Trust