Trial Testimony and Deposition Testimony

We testified as an expert witness in a theft of trade secret matter involving zero-fold balloon technology. A major medical device company entered into a development agreement with a third party to evaluate elements of a zero-fold balloon. After the major medical device company introduced a product containing a zero-fold balloon, the third party alleged that the major medical device company misappropriated the third party's trade secrets. The third party claimed damages based on two theories – disgorgement of profits and a reasonable royalty. Testified at trial as a rebuttal expert on damages and put forth an alternative reasonable royalty. The case settled favorably shortly after the Stout expert testified.