Despite the fact that trade secrets don\u2019t have a formal registration process, they are protected.<\/p>\n
You\u2019d think if a company had a trade secret they wanted to hold close to their chest, they\u2019d have a process where they could register that secret to keep it undisclosed. There is no such process. Despite that, trade secrets are protected \u2013 at least that is the intent of the Uniform Trade Secret Act.<\/p>\n
What happens when trade secrets are stolen or misappropriated? There are any number of ways in which a trade secret can be swiped. The best legal jargon used to describe one method is referred to as a \u201cdefendant using improper means of acquisition.\u201d In slightly less polite terms, someone may have ripped off a trade secret from the place they were working, as a means of retaliation or making money by selling it to the competition. This type of information misappropriation can be (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Despite the fact that trade secrets don\u2019t have a formal registration process, they are protected. You\u2019d think if a company had a trade secret they wanted to hold close to their chest, they\u2019d have a process where they could register…<\/span><\/p>\n