Walmart loses $222 million in Little Rock federal court jury trial, ‘one of the largest in Arkansas history’
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7 Articles
Walmart loses $222 million in Little Rock federal court jury trial, ‘one of the largest in Arkansas history’
LITTLE ROCK, Ark. – Arkansas-based retail giant Walmart lost a $222 million judgment in Little Rock federal court on Tuesday. The lawsuit was brought by Zest Labs, Inc. in 2018, claiming that Walmart had stolen its trade secrets. Judge dismisses Republican suit to close Arkansas primaries Zest developed a supply chain solution to reduce food waste by accurately predicting shelf life. The suit claimed Walmart stole its trade secrets to crea…
Jury Hits Walmart Harder in Trade Secrets Retrial, Awards $222.7M to Zest Labs
The retrial of a trade secrets case against Walmart Inc. resulted in a worse outcome for the Bentonville retailer as a Little Rock federal jury on Tuesday awarded a California technology company $222.7 million — more than twice the amount a different jury awarded it in 2021. The jury awarded Zest Labs Inc. of San Jose, California, $72.7 million in compensatory damages and $150 million for punitive damages, making it one of the largest jury verd…
Walmart faces $222m verdict for Zest Labs' trade secrets theft
US retail giant Walmart has been ordered to pay over $222m to technology start-up Zest Labs for allegedly stealing trade secrets.The post Walmart faces $222m verdict for Zest Labs’ trade secrets theft appeared first on Retail Insight Network.
Walmart Ordered to Pay $223M in Trade Secrets Case - USA Herald
In a major development in a long-running legal battle, an Arkansas federal jury has awarded Zest Labs Inc. nearly $223 million in damages, concluding that Walmart Inc. misappropriated the startup’s proprietary shelf-freshness technology. The ruling marks a significant moment in the ongoing Walmart $223M verdict trade secrets legal dispute. According to the verdict delivered Tuesday,
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