LivePerson Wins $30 Million in Trade Secrets Jury Verdict

LivePerson Inc. convinced a California federal jury that former partner [24]7.ai Inc. stole proprietary information to build its own rival customer engagement platform and should pay $30 million in damages.

The jury unanimously held that all 15 different sets of information LivePerson identified both qualified as trade secrets and were stolen by [24]7.ai, according to Thursday’s verdict in the U.S. District Court for the Northern District of California. Various tranches of information related to clients Capital One, Optus and Sears.

After extensive litigation, the jury determined LivePerson was entitled to $6.7 million in compensatory damages and 23.6 million in ...