9400 Grogan’s Mill Road, Suite 305, The Woodlands, Texas 77380 • CALL TODAY FOR A FREE CONSULTATION : (832) 592-1108
9400 Grogan’s Mill Road, Suite 305, The Woodlands, Texas 77380 • CALL TODAY FOR A FREE CONSULTATION : (832) 592-1108
Trade Secret theft has become a major problem for U.S. businesses. The National Security Association has estimated that trade secret theft costs U.S. companies $334 billion per year.
And when we talk about trade secret theft, we’re not just talking about Chinese computer hackers. Read on to learn more about trade secret law. If you have questions, call our trade secret attorneys at (832) 592-1108.
A survey of federal trade secret cases revealed that 90% of trade secret theft comes at the hands of employees and business partners.
In a 2009 study, approximately 1,000 ex-employees were interviewed after they resigned or were let go from their jobs. Here’s what was learned:
In response to the growing problem with Trade Secret Theft, 48 states, including Texas, have adopted a Uniform Trade Secrets Act. These acts clarify the issue of what types of information can qualify for trade secret protection, and have provide uniformity as to how trade secret cases are handled.
The Texas Act is called the Texas Uniform Trade Secrets Act. It became effective in September of 2013. The Texas Act provides trade secret protection to very broad categories of your confidential business information, including: your pricing strategies; your customer lists; your vendor list; lists of potential customers and suppliers; your marketing plans; your profit margin information; and your customers’ purchasing histories.
If you have reason to believe that an ex-employee has taken your confidential business information with him to use in competition against you, contact an experienced business litigation attorney to learn how you can protect your rights.
The information on this website is for general information purposes only. None of the information on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.
9400 Grogan’s Mill Road, Suite 305, The Woodlands,
Texas 77380.
Free Consultations 24/7
Phone: (832) 592-1108
Text: (832) 413-1428
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9400 Grogan’s Mill Road, Suite 305, The Woodlands, Texas 77380
Free Consultations 24/7
Phone: (832) 592-1108
Text: (832) 413-1428
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The information on this website is for general information purposes only. None of the information on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. The verdicts and settlements listed are representative and are not a guarantee or prediction of the outcome of other claims.
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