Virginia Business

Virginia Supreme Court orders new trial in $2B Appian-Pega case

The Virginia Supreme Court ordered a new trial in a $2 billion trade secrets lawsuit involving McLean software company Appian, which sought to reinstate its 2022 jury award.

Appian Intellectual Property Suit Headed to Retrial Following Virginia Supreme Court Decision

Appian announced today that it would press its trade secret claims against Pegasystems Inc. ("Pega"), following the decision from the Supreme Court of Virginia remanding the case for retrial and rejecting Pega's arguments seeking to dismiss the case entirely.

Appian loses bid to revive $2 bln Pegasystems trade secrets verdict

Software company Appian on Thursday failed to convince the Supreme Court of Virginia to revive a $2 billion jury verdict it had previously won against rival Pegasystems over the alleged theft of its trade secrets.

Virginia's highest court upholds decision to throw out $2B verdict against Pega

Pega CEO is bullish on AI— and its appeal in Appian legal battle 'Trade-secret case with no secrets:' Pega files appeal of $2B verdict 'Trade-secret case with no secrets:' Pega files appeal of $2B verdict Pega isn't shy about its $2B Appian suit.
Morningstar

Pega Named a Leader in Real-Time Interaction Management Software by Independent Research Firm

Pega Customer Decision Hub and Pega Customer Engagement Blueprint earned top scores in 'Current Offering' and 'Strategy' categories Pegasystems Inc. (NASDAQ: PEGA), The Enterprise Transformation Company™, today announced Forrester Research named Pega a ...

Pegasystems (PEGA) Valuation Check After Recent Share Price Momentum And Undervalued Narrative

Pegasystems (PEGA) has drawn investor attention after recent share price moves, with the stock closing at $60.05. Short term returns look mixed, so many readers are reassessing the company’s fundamentals and valuation.
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