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.
Theft of trade secret matter involving medical device company
Trial Testimony and Deposition Testimony
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