Is Facebook Buying a Massive Trade-Secrets-Theft Liability?

Big trade-secret news last week. Oculus VR, Inc., the virtual-reality company Facebook is acquiring for $2 billion. was sued by Zenimax Media Inc. for trade-secrets misappropriation. Zenimax owns popular video-game titles such as Doom and Wolfenstein. A copy of the complaint is linked below. Facebook’s acquisition of Oculus received widespread media coverage. This lawsuit, which […]

In Defense of the Defend Trade Secrets Act

In my last post, I discussed the recently proposed, bipartisan Defend Trade Secrets Act that would create a federal cause of action for trade-secret misappropriation. I wrote favorably about the statute’s mechanism allowing a judge to enter an ex parte order to preserve evidence. Since then, I’ve discussed this provision with several people who have concerns about it. This […]

Thoughts About the Defend Trade Secrets Act

Last week, Senators Hatch and Coons introduced bipartisan legislation, called the Defend Trade Secrets Act, that would create a federal private right of action for trade-secrets theft. This act adds to the Economic Espionage Act, which was passed in 1996 and made trade-secret theft a crime. Copies of the Defend Trade Secrets Act and the Economic […]

What Can the Donald Sterling Episode Teach Us About Protecting Trade Secrets?

Even if you hate sports, you have surely heard about the NBA banning LA Clippers owner Donald Sterling for life for his racist comments. The comments came to light after a recording of a telephone conversation between Sterling and his “girlfriend” was made public. We can all agree that Sterling’s comments were reprehensible. But for our purposes, what […]