Blog Layout

TRADE SECRET PROTECTION UNDER TEXAS LAW

Nov 26, 2015
Call an Attorney Now

Learn More about Texas Trade Secret Law


Trade Secret theft has become a major problem for U.S. businesses. The National Security Association has estimated that trade secret theft costs U.S. companies $334 billion per year.


And when we talk about trade secret theft, we’re not just talking about Chinese computer hackers. Read on to learn more about trade secret law. If you have questions, call our trade secret attorneys at (832) 592-1108. 


A survey of federal trade secret cases revealed that 90% of trade secret theft comes at the hands of employees and business partners.


In a 2009 study, approximately 1,000 ex-employees were interviewed after they resigned or were let go from their jobs. Here’s what was learned:


  • 59% of those ex-employees admitted stealing confidential business information from their ex-employers’.
  • 82% took documents and electronic files when they left;
  • 40% downloaded files and documents to USB flash drives; and
  • 38% sent company files as attachments to their personal email accounts.


48 States Have Adopted Uniform Trade Secrets Acts


In response to the growing problem with Trade Secret Theft, 48 states, including Texas, have adopted a Uniform Trade Secrets Act. These acts clarify the issue of what types of information can qualify for trade secret protection, and have provide uniformity as to how trade secret cases are handled.


The Texas Uniform Trade Secrets Act


The Texas Act is called the Texas Uniform Trade Secrets Act. It became effective in September of 2013. The Texas Act provides trade secret protection to very broad categories of your confidential business information, including: your pricing strategies; your customer lists; your vendor list; lists of potential customers and suppliers; your marketing plans; your profit margin information; and your customers’ purchasing histories.


Protect Your Confidential Business Information


If you have reason to believe that an ex-employee has taken your confidential business information with him to use in competition against you, contact an experienced business litigation attorney to learn how you can protect your rights.


By Rene Rogers 14 Feb, 2024
What does my insurance company have to pay me for a car wreck? Do they have to replace my vehicle?
Two-vehicle collision
By Rene Rogers 05 Feb, 2024
Take these steps after a collision to protect you and your rights in a Houston, The Woodlands and Spring car crash.
By Rene Rogers 30 Dec, 2023
Two wrongful death lawsuits have been filed against Panera Bread Co.
By Rene Rogers 17 Dec, 2023
Oversized loads are frequently involved in 18-wheeler accidents in Texas
Show More

The information on this website is for general information purposes only. None of the information on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. 

By Rene Rogers 14 Feb, 2024
What does my insurance company have to pay me for a car wreck? Do they have to replace my vehicle?
Two-vehicle collision
By Rene Rogers 05 Feb, 2024
Take these steps after a collision to protect you and your rights in a Houston, The Woodlands and Spring car crash.
By Rene Rogers 30 Dec, 2023
Two wrongful death lawsuits have been filed against Panera Bread Co.
By Rene Rogers 17 Dec, 2023
Oversized loads are frequently involved in 18-wheeler accidents in Texas
product-related injuries
By Rene Rogers 30 Nov, 2023
Learn about the common causes of product-related injuries and how you can get help if an injury happens to you or a family member. If you have questions, Wham & Rogers are here to help! Contact our Houston personal injury lawyers for a free consultation.
personal injury
By Rene Rogers 22 Nov, 2023
The Woodlands personal injury lawyers at Wham & Rogers explain how HIPAA rules could factor in to your personal injury claim. Learn more by calling us at (832) 592-1108.
personal injury case
By Rene Rogers 16 Nov, 2023
The Spring personal injury attorneys at Wham & Rogers provide a guide on how child support, tax liens and bankruptcy could affect your personal injury case. For individualized advice, call us at (832) 592-1108 for a free consultation.
driver and pedestrian awareness
By Rene Rogers 03 Nov, 2023
A tragic bicycle accident is highlighting the importance of driver and pedestrian awareness at crosswalks. The bicycle accident lawyers at Wham & Rogers explain how drivers and pedestrians can work together to improve safety.
medicare, personal injury
By Rene Rogers 27 Oct, 2023
If you receive Medicare benefits, it is important to learn how your benefits could impact a personal injury case if you are injured in an accident. Wham & Rogers give you the details you need to know.
auto accident
By Rene Rogers 20 Oct, 2023
The Spring car accident lawyers at Wham & Rogers provide guidance on opening an insurance claim after an auto accident. For help with your claim, call us at (832) 592-1108.
More Posts
Share by: