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Bartlesville Radio » News » Phillips 66 Faces $604.9 Million Verdict by California Jury

Summary by bartlesvilleradio.com
A California jury on Wednesday returned a more than $600 million verdict against Phillips 66 for stealing trade secrets from another company. The lawsuit was brought by Propel Fuels, Inc., which alleges Phillips 66 stole its trade secrets related to Propel’s renewable fuels business. The California Superior Court in Alameda County has not yet entered a judgment against Phillips 66 and several post-trial motions are pending before the Court. Ph…
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