Assessing the Financial Impact of the Misappropriation of Trade Secrets
Assessing the Financial Impact of the Misappropriation of Trade Secrets
May 01, 2015
This article begins with the understanding that the company has reviewed and adequately protected its proprietary and confidential trade secrets by limiting their access to certain employees. These same employees have signed employment agreements written to protect the company from the unauthorized use of the protected information. However, should any of these employees violate the provisions of such agreements, the company will likely realize a significant financial impact to its business. The same is true for agreements with third parties that restrict their disclosure and the use of proprietary and confidential trade secrets.