Pegasystems Says $2 Billion Trade Secrets Loss Lacked Secrets

A $2 billion jury verdict against Pegasystems Inc. should be reversed because none of Appian Corp.'s secrets it allegedly stole legally qualified as trade secrets, Pegasystems told a Virginia appeals court.

“This is a trade-secret case with no secrets,” Pegasystems said in its opening brief in the Virginia Court of Appeals filed Monday.

The software maker also alleged that faulty jury instruction, evidentiary rulings, and damages analyses should invalidate the May 2022 verdict. Appian failed to prove causation between alleged theft of the secrets and Pegasystems sales while the court excluded evidence of other potential causes driving Pegasystems’ sales, the ...