Brief: Appian - Judge Rejects Pegasystems Motion To Overturn $2 Billion Jury Verdict

Appian

16/09/2022 14:48

Appian Corp  APPN.O :
    * APPIAN - JUDGE REJECTS PEGASYSTEMS MOTION TO OVERTURN $2
BILLION
JURY VERDICT
    * APPIAN CORP - PEGASYSTEMS TO PAY ADDITIONAL $23.6 MILLION
IN
LEGAL FEES FOR WILLFUL AND MALICIOUS MISAPPROPRIATION OF TRADE
SECRETS
    * APPIAN - COURT ORDERED PEGASYSTEMS TO PAY CO STATUTORY
POST-JUDGMENT INTEREST ON JUDGMENT AT AN ANNUAL RATE OF 6%, OR
APPROXIMATELY $122 MILLION PER YEAR

Source text for Eikon:  ID:nPrehMFlsa 
Further company coverage:  APPN.O