Federal Judge Orders MasterCard to Pay $2.8 Million in Fees Over Specious Trade Secrets Lawsuit

In a recent legal development, a federal judge in Utah has ordered a MasterCard unit to pay over $2.8 million in legal fees following a trade secrets lawsuit deemed “objectively specious.” The suit, brought against two former McKinsey consultants, was criticized for its aggressive litigation tactics. These consultants later established a significant competitor in the business analytics software market, posing a challenge to MasterCard’s dominance in this niche. To explore further details about this case, visit the original report by Law360.