$10 Million Verdict in Utah Trade Secrets Case
By Press
From the Deseret News of Salt Lake City, a story concerning a $10 million trade secrets jury verdict in favor of ClearOne Communications Inc., a developer of audio and video conferencing systems. The verdict included $3.5 million in damages and $7 million in exemplary damages.
The verdict was rendered in federal court in Utah against Biamp Systems Corp., WideBand Solutions Inc., three of WideBand's principals (former employees of ClearOne and its corporate predecessors) and Versatile DSP Inc.
According to other reports, the trade secrets related to acoustic echo cancellation technology that WideBand sought to sell to Harman Music Group Inc.
The verdict was rendered in federal court in Utah against Biamp Systems Corp., WideBand Solutions Inc., three of WideBand's principals (former employees of ClearOne and its corporate predecessors) and Versatile DSP Inc.
According to other reports, the trade secrets related to acoustic echo cancellation technology that WideBand sought to sell to Harman Music Group Inc.
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