Central District Court Case Of Best Buy And Techforward

275 Words2 Pages
Trade Secrets Paper
Small start-up TechForward alleged that retail giant Best Buy misappropriated trade secrets in regards to their buy-back program. In 2008, Best Buy and TechForward entered into a confidentiality and nondisclosure agreement, with a pilot program happening in 2010. However, later that year Best Buy ended their relationship with TechForward before launching a buy-back program on their own in 2011. According to TechForward, Best Buy’s buy-back program would be impossible without proprietary data developed by TechForward, and Best Buy had therefore stolen trade secrets.
The case was filed in the U.S. District Court for the Central District of California, case number 2:11-cv-01313. The jury ordered Best Buy to pay $22 million