Weins v. Sporleder

THERE IS SUBSTANTIAL EVIDENCE TO SUPPORT THE JURY’S CONCLUSION THAT THE FORMULA CONSTITUTED A TRADE SECRET.

[¶ 35] The Uniform Trade Secret Act (UTSA) is codified at SDCL ch 37-29. Whether something is a “trade secret” hinges on SDCL 37-29-1(4), which provides:(4) “Trade secret,” [is defined as] information, including a formula, pattern, compilation, program, device, method, technique or process, that:(i) Derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic value…