Peat, Inc. v. Vanguard Research, Inc.
Court of Appeals for the Eleventh Circuit
1Opinion of the Court
JORDAN, District Judge:
Following a two-week trial, a jury found that Vanguard Research, Inc. breached its contract with PEAT, Inc. and appropriated PEAT’s trade secrets in violation of the Alabama Trade Secrets Act, Ala.Code § 8-27-1 et seq. The jury awarded PEAT $325,981.01 in compensatory damages on the breach of contract claim, as well as $1,819,334,00 in compensatory damages and $8,890,000 in punitive damages on the trade secrets claim. The district court denied Vanguard’s motions for judgment as a matter of law and for new trial, but reduced the punitive damages award to $78,000 and…
2Cases cited15 opinions
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- Ampat/midwest, Inc., Cross-Appellee v. Illinois Tool Works Inc., Cross-Appellant, and Triangle Fastener Corp.Court of Appeals for the Seventh Circuit · 1990
- Paddack v. Dave Christensen, Inc.Court of Appeals for the Ninth Circuit · 1984
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