A trade secret expert witness knows the importance of a business method, design, process, formula, or procedure utilized within a company that is unknown to outside parties. Theft of trade secrets refers to instances when a trade secret is stolen from its rightful owner, regardless of how it was obtained. These trade secrets may be an integral piece of a company product or service in terms of competitive business and economics, making such thievery a devastating loss for the owner.
Trade secret theft may be carried out by a number of individuals, including competitors or current and former employees. Corporate espionage occurs when someone connected to a company secretly steals trade secrets from within by taking on the misleading role of a regular employee or business associate, which can lead to intellectual property theft of trade secrets.
Since the theft of trade secrets is part of a larger area involving business practices, experts in the field are often also knowledgeable in patent litigation, patent infringement and validity, intellectual property, copyright infringement, licensing, contract disputes, and other related issues. There are also measures in place to protect such secrets from being stolen, as well as experts experienced in safety and security, preventing industrial espionage, maintaining surveillance, and protecting premises liability.
The theft of trade secrets can have devastating repercussions on a business, as well as provide substantial cause for a lawsuit. ForensisGroup has been recruiting only the best experts over twenty years. Submit an expert request form or call us today for additional information on how we can help you retain a top quality theft of trade secrets expert witness.