April 17, 2020
Payments software provider iControl Systems USA should not be afforded a new trial in a trade secrets case, rival Financial Information Technologies told a Florida federal judge, saying that sufficient evidence of misappropriation supports the jury verdict.
April 03, 2020
Software company iControl Systems USA has asked a Florida federal judge to grant a new trial in a trade secrets case against Financial Information Technologies, claiming that its rival only won at trial after its attorneys confused the jury about the nature of a trade secret.
March 20, 2020
Software company iControl Systems USA LLC is seeking an award of $312,000, or 50% of attorney fees and costs, after a successful summary judgment ruling over Financial Information Technologies on four of eight counts in a trade secrets case, though it lost at trial on one of the counts.
March 17, 2020
Software company iControl Systems USA LLC pushed back Tuesday against Financial Information Technologies' attempt to enjoin it from participating in the "regulated commerce industry," saying the request is untenable under Florida law and the principles of equity.
March 03, 2020
A Florida federal jury on Tuesday awarded Financial Information Technologies $5.7 million in a suit against a Delaware software company that it claimed misappropriated trade secrets gained from a former Fintech executive to develop products identical to its "revolutionary" electronic payments system for the beverage industry.