Proofpoint, Inc. v. Vade Secure, Incorporated

Good Law
United States District Court, Northern District of CaliforniaApril 18, 20233:19-cv-04238California815 words

Opinion

Trial Court Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 PROOFPOINT, INC., et al., Case No. 19-cv-04238-MMC

Plaintiffs, ORDER DENYING PLAINTIFFS' v. MOTION TO ALTER JUDGMENT TO

ADD PREJUDGMENT INTEREST

VADE SECURE, INCORPORATED, et al., 11 Defendants.

12 Before the Court is plaintiffs' "Motion Under Fed. R. Civ. P. 59(e) to Alter Judgment to Add Prejudgment Interest," filed February 24, 2023. Defendants have filed opposition, to which plaintiffs have replied. Having read and considered the papers filed in support of and in opposition to the motion, the Court rules as follows.1 Beginning July 26, 2021, a jury trial was conducted, and, on August 20, 2021, the jury rendered its verdict, finding (1) defendants violated the Defend Trade Secrets Act ("DTSA") by misappropriating certain of plaintiffs' claimed trade secrets, (2) plaintiffs failed to establish they incurred any actual loss by reason of the misappropriation, (3) plaintiffs established they were entitled to recover the…

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