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Tag Archives: trade secrets

Eaton, Triumph settle lawsuit that brought down a judge

JACKSON — Power management company Eaton Corp. will pay $147.5 million to settle a long-running trade secret dispute with aerospace firm Triumph Group that exploded into scandal after Eaton lawyers paid to improperly influence an ex-Mississippi state judge who eventually served prison time. The joint settlement announcement yesterday by the companies covered the monetary terms but said other parts of ...

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Court will not rehear Eaton-Frisby trade secrets case

JACKSON — The Mississippi Supreme Court has declined a request from Eaton Corp. to take another look at its appeal of trade secrets lawsuit against a rival, Frisby Aerospace. Last November, the Supreme Court, in a unanimous decision, upheld a Hinds County judge’s ruling that Eaton knew about and sanctioned secret actions that attorney Ed Peters took to influence former ...

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Appeals Court rules against VT Halter in Navy-trade secrets lawsuit

PASCAGOULA — Federal prosecutors say the 5th U.S. Circuit Court of Appeals in New Orleans has vacated a $1.4 million judgment against the Navy for allegedly disclosing trade secrets on the design of a military craft to a rival. U.S. Attorney Jim Letten says the appellate court has ruled against United States Marine Inc. and Pascagoula-based VT Halter Marine Inc., ...

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Hudson's Salvage accused of trade secrets theft

HATTIESBURG — Hudson’s Salvage has been accused in a federal lawsuit of stealing trade secrets from a competitor. The Hattiesburg American reports Channel Control Merchants, owner of the Treasure Hunt and Dirt Cheap stores, had filed a lawsuit this in U.S. District Court against Hudson and his business partners. The lawsuit was filed against Billy Hudson Sr., a state senator ...

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Judge dismisses Eaton's trade secrets lawsuit

JACKSON — A Mississippi judge has dismissed a $1-billion trade secrets lawsuit filed by power management company Eaton Corp. against a rival, saying once-prominent attorney Ed Peters worked on Eaton’s behalf to influence former judge Bobby DeLaughter in the case. “The court finds, by clear and convincing evidence, that Eaton and its counsel were aware of and, in fact, sanctioned ...

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Judge rules to keep Eaton charges

JACKSON — A federal judge has refused to dismiss criminal charges five former Eaton Aerospace engineers in a trade secrets case. Assistant U.S. Attorney John Dowdy tells The Clarion-Ledger that once a civil case involving the former employees is done, the criminal trial will be held. In a seven-page order issued in March, U.S. District Judge William Barbour Jr. let ...

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