JCorps Trade Secrets Case Against Philanthropy Group Is Tossed

June 10, 2021, 9:04 PM

Jewish volunteer group JCorps failed to explain why its claimed trade secrets had value in being confidential, an Oklahoma federal court said as it tossed the group’s lawsuit against a foundation.

JCorps International Inc. sufficiently alleged that it shared trade secrets with the Charles and Lynn Schusterman Family Foundation in confidence, the U.S. District Court for the Northern District of Oklahoma said. The court held that complaints alleging trade secret theft must allege not only that the trade secrets have economic value, but that value is derived from them remaining secret.

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