Judge Confirms $72M Award Against Chinese Company For Source Code Misappropriation

(June 7, 2024, 2:12 PM EDT) -- NEW YORK — A New York federal judge confirmed an arbitral award worth more than $72 million against a Chinese company that was found by an arbitrator to have misappropriated an American company’s source code and later breached a settlement agreement under which it would allow the American company to review its code for any further use of its trade secrets....