By Melissa Ritti ( April 4, 2025, 13:00 GMT | Insight) -- The US Court of Appeals for the Fifth Circuit yesterday upheld summary judgment in favor of an executive accused by his former firm, DeWolff, Boberg & Associates, of trade secret misappropriation without reaching findings that the Capital Asset Pricing Model is an unreliable method of valuing lost business opportunities for purposes of assessing lost profit damages. Instead, the panel said, the databases Justin Pethick and his new firm, Randall Powers Company, are accused of misappropriating were not proven to be protectable trade secrets.Efforts by global management consulting firm DeWolff, Boberg & Associates to recover profits it says it would have earned but-for a former regional vice president of sales’ departure for Randall Powers Company fail, the US Court of Appeals for the Fifth Circuit ruled yesterday....
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