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Following a US jury verdict that Ford must pay $105m in damages for trade secrets theft and breach of contract with its software licensor, the lead counsel for Versata gives his reaction to the outcome.
Ford said it plans to appeal the verdict in a federal lawsuit filed in 2015 by Versata Software.
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Novartis reveals details of HQ raid; sustainable energy patenting tails off; Ford to pay $105m for trade secrets misappropriation; ‘Doctor Zhivago’ copyright claim fails; UK ‘counterfeit street’ to be bulldozed
A federal jury awarded Versata software the nine-figure sum after Ford breached its contract and misappropriated trade secrets.