Last year, a jury in Texas awarded California-based startup HouseCanary a $706 million verdict, one of the largest ever in a trade secrets case. HouseCanary alleged that Amrock (formerly TitleSource) misappropriated trade secrets of HouseCanary after the two companies had entered into contract for use of HouseCanary’s real estate valuation technology. The size of the judgment compelled several former HouseCanary employees to come forward alleging fraud by HouseCanary. Amrock alleges that much of HouseCanary’s technology was widely in use and is appealing. This case should be watched closely: the prospect of enormous jury verdicts for expansive trade secrets claims could spur more filings across the United States. Please join us for a discussion with attorney for Amrock, Randy Mastro, a partner at the law firm of Gibson, Dunn and Crutcher and co-chair of the firm’s Litigation Practice group.
Featuring:
Randy Mastro, Partner, Gibson, Dunn & Crutcher LLP
Teleforum calls are open to all dues paying members of the Federalist Society. To become a member, sign up on our website. As a member, you should receive email announcements of upcoming Teleforum calls which contain the conference call phone number. If you are not receiving those email announcements, please contact us at 202-822-8138.