IP Law Daily, TRADE SECRETS—N.D. Ill.: Bank fails to sufficiently plead trade secret misappropriation against former emplyees, (Jan 12, 2022)

By Kevin M. Finson, J.D.

A claim of trade secret misappropriation was insufficient without allegations of fact to show actual use of the allegedly misappropriated customer list.

A bank which claimed its employees took customer lists to a competitor failed to plead misappropriation of trade secrets, the federal district court in Chicago has held. The ban ...