The Professor Owes His Students $26.6M

Imagine suing your former graduate students for stealing trade secrets to the tune of $849M in damages, but losing the case and having to pay them $26.6M. SigmaPharm Laboratories v. ex-employees is a highly unusual case that touches on a wide range of issues from promises of start-up equity to employees leaving to work on similar technologies. You won’t find many cases with these fact patterns! Additional reading: https://www.proskauerontradesecrets.com/2024/05/employee-mobility-and-trade-secrets-in-the-golden-era-of-life-sciences-innovation/ https://www.law.com/thelegalintelligencer/2024/05/06/group-of-fired-scientists-win-26-6m-bucks-county-verdict-on-counterclaims-against-ex-employer/