Trade Secret Law Claims Trimmed In Company’s Suit Against Former Employees

Mealey's (August 19, 2019, 1:57 PM EDT) -- OKLAHOMA CITY — Although an above-ground storage tank manufacturer has sufficiently identified trade secrets that two of its former employers are alleged to have misappropriated and that the company took reasonable steps to maintain the secrecy of those trade secrets, the plaintiff has failed to sufficiently show that the trade secrets derived any independent economic value, a federal judge in Oklahoma ruled Aug. 16 in dismissing the manufacturer’s state and federal trade secret law claims (ATS Group LLC v. Legacy Tank and Industrial Services LLC, et al., No. 18-944, W.D. Okla., 2019 U.S. Dist. LEXIS 138657)....