Proofpoint Seeks Ninth Circuit Review to Double $13.5 Million Trade Secret Verdict

Software company Proofpoint has urged the Ninth Circuit to reconsider a lower court’s decision that denied it exemplary damages, which could have potentially doubled its $13.5 million verdict for trade secret theft. The company argues that the ruling violated its Seventh Amendment right to a jury trial, contending that a jury, rather than a judge, should have decided the issue. More details on this development can be found on Law360.