Victims of trade secret theft now have a federal remedy for trade secret misappropriation under the Defend Trade Secrets Act of 2016 (“DTSA”), which President Obama signed into law on May 11, 2016. The DTSA creates a new, federal civil cause of action for trade secret theft, provided the trade secrets at issue relate to products or services that are used in, or intended to be used in, interstate or foreign commerce. The Act is intended to create a uniform body of federal trade secret law, with a national standard for establishing liability for trade secret misappropriation, thus making trade secret litigation more predictable.
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