Pegasystems appeals $2B+ Appian trade secrets verdict, argues legal errors

PEGASYSTEMS INC

Filed appeal brief with Virginia Court of Appeals challenging jury verdict and $2B+ damages.
Argues Appian's claimed trade secrets were not secret, as features were widely demonstrated without confidentiality.
Trial court excluded evidence that Pega had similar features before 2012, says appeal.
Claims court improperly shifted burden to Pega to prove revenue was not caused by misappropriation.
Written briefs due within 90 days; oral arguments expected summer 2023; further appeal possible.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.