Appian to appeal reversal of $2B+ trade secret verdict against Pegasystems

APPIAN CORP

Court of Appeals reversed jury's $2B+ trade secret misappropriation verdict, citing evidentiary errors.
Appian will seek reinstatement in Virginia Supreme Court; claims Court misread precedent and misapplied burdens.
Virginia Computer Crimes Act violation by Pegasystems upheld as final (not appealed by Pega).
Appian will seek full damages claim exceeding $3B if new trial ordered.

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