Ecoark Awarded $115m in Suit Against Walmart

An Arkansas jury awarded Ecoark and a subsidiary, Zest Labs, $115 million in damages in a lawsuit against Walmart, Ecoark says.

• Walmart found liable on three claims from lawsuit filed in August 2018, Ecoark says
• Jury found that Walmart misappropriated Zest’s trade secrets, failed to comply with a written contract, and acted willfully and maliciously in misappropriating Zest’s trade secrets, company says
• Suit accused Walmart of using and disclosing trade secrets of Zest relating to reducing and fighting fresh-food loss and waste
• NOTE: Ecoark Holdings Files Trade Secrets Act Complaint Vs. Walmart

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