Envestnet Faces Evidence Destruction Allegations

KASOWITZ LLP: ENVESTNET, INC. WAS FOUND TO HAVE ACTIVELY PARTICIPATED IN SPOLIATION AND NOW FACES A DELAWARE JURY TRIAL ON FINANCIALAPPS' $100 MILLION TRADE SECRET MISAPPROPRIATION CLAIM

NEW YORK, Aug. 20, 2025 /PRNewswire/ -- Six years into a $100 million lawsuit brought by Kasowitz LLP on behalf of fintech pioneer FinancialApps, LLC against defendants Envestnet, Inc. and Yodlee, Inc. for trade secret misappropriation, tortious interference, and unfair…

Envestnet Faces Evidence Destruction Allegations

A court appointee found Envestnet's deletion of Papertrail data "unreasonable" in an ongoing lawsuit with FinancialApps over alleged trade secret misappropriation.