Category: Trade Secrets

By Josh Rich — One week after the House Judiciary Committee unanimously reported the Defend Trade Secrets Act of 2016 to the House floor, the full House approved the bill, 410-2.  The two no votes were from tea party Republicans, Rep. Justin Amash (R-MI) and Rep. Thomas Massey (R-KY).  Oddly, Rep. Massey is himself an…

By Josh Rich — After a brief markup session in which no amendments to the bill were proposed, the House Judiciary Committee reported the Defend Trade Secrets Act of 2016 to the House floor by unanimous voice vote today.  The bill passed the Senate earlier this month by a vote of 87-0 and should receive…

By Donald Zuhn –- Yesterday, the Intellectual Property Owners Association (IPO) sent a letter to the Chairman and Ranking Member of the Senate Committee on the Judiciary expressing "strong support" for the Defend Trade Secrets Act of 2015 (S. 1890), which was introduced in the Senate in July.  A corresponding bill (H.R. 3326) was introduced…

By Josh Rich — In 2009, Sergey Aleynikov was a computer programmer employed by Goldman Sachs to write high-frequency trading code.  He accepted an offer to join a new Chicago-based company, Teza Technologies.  Before he left Goldman Sachs, however, he sent portions of Goldman's high frequency trading code to a German website for his own…