Retailer Seeks $1.2 Billion in Damages from Phillips 66 Following Trade Secret Verdict

A retailer of low-carbon fuels has intensified its legal battle against Phillips 66 by requesting a California state court to enhance an already significant verdict with an additional $1.2 billion. This request follows the original $604.9 million verdict for trade secrets misappropriation. The retailer argues that Phillips 66’s actions were willful and malicious, warranting exemplary damages. The jury’s prior determination of misconduct has set the stage for this substantial financial demand. For further details on this legal development, you can read more on Law360.