Jury rules for FLIR Systems in trade-secrets case - Trade Only Today

Jury rules for FLIR Systems in trade-secrets case

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A jury decided favorably for FLIR Systems after Raytheon Corp. filed a lawsuit alleging that FLIR subsidiary Indigo Systems Corp. (now known as FLIR Commercial Systems) misappropriated trade secrets.

A jury in U.S. District Court for the Eastern District of Texas rejected Raytheon’s allegations that Indigo, prior to its acquisition by FLIR in 2004, and FLIR misappropriated 31 trade secrets that Raytheon owned

FLIR said the jury determined that 27 of the 31 alleged trade secrets were not Raytheon trade secrets and that neither FLIR nor Indigo misappropriated any of the 31 asserted trade secrets.

No damages were awarded against FLIR and Indigo. The court will decide whether or not to award FLIR and Indigo their attorney's fees as the prevailing parties under the Texas Theft Liability Act.

"Today's finding from the jury confirmed our belief that Raytheon's lawsuit was wholly without merit," FLIR president and CEO Andy Teich said Monday in a statement. "We look forward to having this case behind us and continuing to create the world's most innovative, high-performance, affordable and user-friendly sensor systems for a growing number of customers."

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