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California's Propel Fuels wins $833M in damages from Phillips 66 in trade secret case.
California's Propel Fuels was awarded an additional $195 million in damages for trade secret misappropriation by Phillips 66, totaling over $833 million in one of the largest trade secret judgments in U.S. history.
The case stems from Phillips 66's acquisition attempt of Propel in 2018, which was later terminated, followed by Phillips 66 allegedly misusing Propel's confidential information to launch its own renewable fuels business.
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Propel Fuels de California gana 833 millones de dólares en daños y perjuicios de Phillips 66 en un caso de secreto comercial.