What is an infringement of trade secret law?

An infringement of trade secret law is when a person or business illegally reveals or acquires confidential information that is meant to be kept private. Trade secret laws, which are generally established on a state-by-state basis, are in place to protect confidential information such as formulas, designs, inventions, business plans, and other materials that are not generally known to the public. In Nebraska, the Uniform Trade Secret Act of 1984 protects trade secrets from being revealed or acquired. Under this legislation, trade secret owners can sue anyone who unlawfully obtains or discloses the information, or attempts to do so. The trade secret owner may be eligible for damages, attorney fees, and injunctions in the cases of an infringement. Likewise, Nebraska’s criminal code also prohibits the theft of trade secrets. Anyone found guilty of criminal trade secret theft can be fined or imprisoned. In summary, an infringement of trade secret law in Nebraska is when confidential information, as outlined under the Uniform Trade Secret Act, is stolen or revealed without the owner’s permission. This type of criminal activity is punishable by law through fines or imprisonment.

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What is an infringement of trade secret law?

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