Italy's Prysmian gets more than $96 mln in trade secrets dispute against Sterlite

Sterlite Technologies

12/08/2024 19:19

Aug 12 (Reuters) - Italian cablemaker Prysmian  PRY.MI 
on Monday received about $96 million in its trade secrets case
against India's Sterile Technologies  STTE.NS .
    Prysmian filed the lawsuit in 2021 claiming that a former
executive Stephen Szymanski misused trade secrets and took them
to his new employer Sterlite, a networking technology provider.
    The trial found out that Sterlite possessed information
regarding clients, products, and Prysmian's manufacturing
facilities expansion.

 (Reporting by Disha Mishra in Bengaluru)
 ((Disha.Mishra@thomsonreuters.com;))