Appian's $2 billion verdict against Pegasystems overturned by appeals court
The award from 2022 had been the largest damages verdict in Virginia court history, the Court of Appeals of Virginia said in the decision.
Appian said that Cambridge, Massachusetts-based Pegasystems referred internally to the contractor as a spy and to its scheme as"Project Crush," with Pegasystems employees using fake credentials to access Appian's software.A jury in Fairfax County, Virginia state court determined in 2022 that Pegasystems misappropriated Appian's trade secrets with"willful and malicious" intent and ordered it to pay Appian nearly $2.04 billion in damages.
A Pegasystems attorney told the appeals court during a hearing last year that the verdict was"the result of a series of cascading errors that pose a threat to trade secret law and to competition in Virginia," according to a court transcript.
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