January 06, 2025
A California federal judge has ordered a new punitive damages trial on how much a former Skye Orthobiologics LLC employee owes in a case where he was found to have breached his fiduciary duties by leveraging Skye's proprietary information, after ruling last year there wasn't enough evidence to support an earlier $25 million award.
April 19, 2024
Not enough evidence supports Skye Orthobiologics' $25.5 million punitive damages award against an ex-employee found to have breached his fiduciary duties by leveraging Skye's proprietary information, a California federal judge has ruled, asking for briefing on whether the proper remedy is to cut the damages or grant a new trial.
February 26, 2024
A federal judge in Los Angeles has ordered a biotech startup to pay more than $1.6 million in legal fees to two former employees, after the company failed to convince a jury that the pair broke racketeering laws when they worked for a rival that stole proprietary information when setting up shop.
December 08, 2023
A California federal judge entered judgment Thursday ordering a former Skye Orthobiologics employee to pay more than $62 million to Skye and Human Regenerative Technologies after a jury found the defendant breached his fiduciary duties and loyalty when he started a competing business using the plaintiffs' proprietary information.