A California state court jury has determined that Phillips 66 must pay nearly $605 million in damages related to a trade secrets dispute. The verdict involves allegations that Phillips 66 improperly acquired sensitive information from a company specializing in low-carbon fuels. The data at the heart of the case include details on sales figures and pricing strategies.
Such legal confrontations underscore the increasing value of proprietary information in the fiercely competitive energy sector, especially where innovative environmental solutions are being developed. For additional information, [visit the related article](https://www.law360.com/articles/1890862/jury-says-phillips-66-owes-605m-in-fuel-trade-secrets-fight) on Law360.