litigation
confidence high
sentiment positive
materiality 0.95
Appian awarded $2.036B jury verdict against Pegasystems for trade secret misappropriation
APPIAN CORP
- Jury awarded $2.036 billion in damages for misappropriation of trade secrets.
- Jury additionally awarded $1 in damages for violation of the Virginia Computer Crimes Act.
- Verdict returned on May 9, 2022 after a seven-week trial in Fairfax County Circuit Court.