Depending on the nature of the business a company engages in, it is possible that a trade secret is a key component of its success. For businesses in this situation the misappropriation of a trade secret can be devastating. Accordingly, when this happens it is important to take legal action against the offender. This can be accomplished via a trade secret misappropriation claim.
There are several theories under which damages might be secured in a claim of this nature: unjust enrichment, reasonable royalty and actual damages.