TRADE SECRET CASE LEADS TO BANKRUPTCY

Trade Secret Claims are serious.

Just how serious? Read this article about a successful Roanoke Virginia company – who recently had a California Court order they pay over $30 million dollars for a trade secret case.

“Roanoke-based Luna Innovations Inc. filed for Chapter 11 bankruptcy protection this morning in the U.S. Bankruptcy Court for the Western District of Virginia.

The filing comes after a California jury ordered Luna to pay $36.3 million in a breach of contract and misappropriation of trade secrets dispute. That verdict was issued in April and Luna has continued to challenge the outcome in court.”

Lauren Ellerman

Lauren Ellerman

In 2011, Lauren Ellerman was named "Young Lawyer of the Year" by the Roanoke Bar Association for her work in the community. To speak with Lauren about your personal injury case, contact her at lellerman@frithlawfirm.com.