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Trade Secrets Archives

J. Craig Venter accused of stealing his own trade secrets

When a person leaves your company, even if that person is you, the founder, there are rules in place that prevent trade secrets from being used to harm the company. Chief executive officers (CEOs) often believe that they're immune from these rules, but there is a possibility that you could be accused of stealing your own trade secrets if you're fired from your company.

You have a right to protect your trade secrets

A trade secret is any confidential information relating to your business that gives your business an edge on competition. For example, if you have a specific process for developing products at a low cost, you wouldn't want your competitors to discover that. If your competitors did, then you would again have to compete with others who could sell similar items at the same price point.

Trade secret quandary at Uber

The Uber quandary seems to get thicker and thicker as the story and evidence keeps unraveling. It first made news when Waymo, a sister company of Google, filed a suit against Uber claiming that they stole trade secrets relating to their lidar sensors for self-driving cars. Allegedly, a former employee downloaded thousands of files before leaving their company and sold the information to Uber for $680 million.

Scott Pruett: Race driver or wine maker?

It appears that Scott Pruett, the legendary race car driver, is also a wine connoisseur. Wine hobbyists are common in America, but Pruett has turned a wine hobby into a full-blown business. Wine Spectator Magazine has placed Pruett Vineyard's 2014 Syrah wine equivalent to the best in the world.

Don't overlook social media when protecting trade secrets

The use of social media has become second nature to most of us in today's world. We have all become so accustomed to using social media that we may post content online without even thinking about it. In most cases, this practice is harmless, but if an employee posts content related to work without a second thought, it may compromise your trade secrets.

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To protect your valuable idea, contact our lawyers at Costello Law Corporation to set up an initial consultation. We are ready to assist you in any intellectual property issue.

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Costello Law Corporation
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