Ford Motor Company Appeals $13.2 Million Trade Secret Misappropriation Ruling
Ford Motor Company (F) is seeking to overturn a $13.2 million judgment awarded to supplier InterMotive following a 2023 federal jury ruling. The court found that Ford misappropriated trade secrets belonging to the supplier during their business dealings. A three-judge panel recently heard arguments from Ford regarding the award, though the panel appeared skeptical of the automaker's position. This legal battle highlights ongoing risks related to intellectual property management and supplier relationships within the automotive sector.
Tickers: $F
Topics: court ruling legal appeal trade secret misappropriation