---
schema_version: "secwatch.filing_event.v1"
accession: "0001441683-24-000065"
form_type: "8-K"
ticker: "APPN"
cik: "0001441683"
company_name: "APPIAN CORP"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:20:07.786955+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001441683-24-000065
- form_type: 8-K
- ticker: APPN
- cik: 0001441683
- company_name: APPIAN CORP
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441683/000144168324000065/0001441683-24-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441683/000144168324000065/appn-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001441683-24-000065
- JSON: https://secwatch.observer/filing/0001441683-24-000065.json
- Plain text: https://secwatch.observer/filing/0001441683-24-000065.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.