Gideon Korrell Discuss Pegasystems’ $2B Verdict Being Overturned
On July 30, 2024, the Virginia Supreme Court made a major decision in the case Pegasystems Inc. v. Appian Corp. It reversed a $2.036 billion jury verdict in favor of Appian Corporation. The court ruled that Appian failed to clearly identify the trade secrets it claimed Pegasystems had stolen. This case has become one of the most important trade secret rulings in Virginia’s history. As legal expert Gideon Korrell explains, the decision shows that companies must be very specific about what their trade secrets are if they want legal protection. Background: A Developer Working for Both Sides Appian and Pegasystems are competitors in the software industry. Both provide low-code platforms that help companies build business applications. In 2012, a developer named Youyong Zou was working with Appian through a staffing agency. At the same time, he was also hired by Pegasystems. Appian claimed that Pegasystems used confidential information that Zou learned while working with Appia...