Trade Secret Appropriation Lawyers in Mobile, AL
Protect Your Business Venture with Cunningham Bounds
At the heart of any successful business or venture are the trade secrets that set it apart from the competition. The losses companies incur due to trade secret appropriation are incalculable. Using trade secrets, entrepreneurs and companies can theoretically safeguard information about their operations from industrial spies, venture partners, competitors and even disgruntled employees.
Cunningham Bounds employs skilled attorneys who can capably handle even the most complex trade secret appropriation cases. Since 1958, our firm has helped thousands of clients, providing legal solutions that are tailored to meet their needs.
Contact Cunningham Bounds! We offer free consultations so you can learn more about your legal options.
Definition of a Trade Secret
A trade secret can be a formula, pattern, process, device or compilation of information that is used to obtain an advantage over competitors who are not aware of, or do not know how to commercialize the trade secret. For example, a trade secret may be a formula for a chemical compound, a process of manufacturing, treating or preserving materials, a design for a machine or other device, lines of computer code, or a list of customers.
Trade secrets have three elements:
- The information is secret and not known by competitors.
- The information gives a competitive advantage over the competitors.
- The information has been kept secret by reasonable efforts.
If you or your business suspects inappropriate use of your trade secrets, it is crucial that you retain a lawyer swiftly, as a trade secret holder has the option to seek injunctive relief to prevent the erosion of the value of the trade secret as soon as the appropriation becomes known. Once a trade secret has been leaked, it is very easy for third parties to take advantage of it.
Call (251) 299-0101! At Cunningham Bounds, we have the resources to level the playing field against large businesses and to provide you with a contingency fee arrangement so that you incur less risk.
Throughout your case, our team will always be accessible, responsive, respectful, honest, and compassionate. Our clients can attest to our high level of service and the longstanding relationships we have forged with them.
We believe in giving back to our community. We provide pro bono (no cost) legal services to those in our community who can’t afford legal representation. We also support local charitable organizations by donating our time, money, and expertise.
Unlike most plaintiff law firms, we have our own appellate practice, which means we can stay involved in your case throughout the appeals process. We keep fighting until the case is over.
$192 Million Verdict for Inventor in Intellectual Property Case
Cunningham Bounds represented Dr. Sven-Peter Mannsfeld, a chemical expert, who created a method of transforming certain hazardous industrial wastes into lucrative manufacturing ingredients.
$149.9 Million Settlement Approved in Health System Pension Crisis
Attorneys from Cunningham Bounds, along with Reeves & Mestayer, LLC, negotiated a settlement that resolved claims on behalf of over 3,000 employees, retirees, and other beneficiaries at Singing River Health System.
$102 Million Judgment Obtained in Massive Consumer Fraud Case
A $102,949,220 judgment against Timothy McCallan, Americorp, Inc., and Seton Corp. was entered by the United States Bankruptcy Court for the Middle District of Alabama after a trial taking place in November 2013.
$10 Million Baldwin County Sewer System v. Regions Bank
Cunningham Bounds attorneys’ obtained an award of nearly $10 million for interest rate swap fraud perpetrated by Regions Bank on a local privately owned sewer company.
$4 Million Verdict Against Crown Life Insurance Agent
The Cunningham Bounds attorneys obtained a $4 Million verdict against Crown Life insurance agent for check theft.
"These guys are just that good."
There are not many plaintiff’s firms that impress the way these guys do.- Benchmark Litigation: The Definitive Guide to Americas Leading Litigation Firms and Attorneys