Defend Trade Secrets Act of 2016

 

On May 11, 2016, the federal government enacted The Defend Trade Secrets Act of 2016 (DTSA) into law. Effective immediately, the misappropriation of trade secrets is governed under federal law, in addition to any existing state laws. Specifically, companies now have a federal cause of action to protect their trade secrets and receive damages and other remedies. SSEG Attorney Kevin Schadick explains the Defend Trade Secrets Act of 2016 that was passed in May and how this could impact your business. Read Kevin’s complete analysis here.