Walmart, Zest Labs Reach Settlement in $222.7M Trade Secrets Case
Summary by Arkansas Business
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Walmart, Zest Labs Reach Settlement in $222.7M Trade Secrets Case
Walmart Inc. reached a settlement with Zest Labs and won’t appeal a federal jury award of $222.7 million the California technology company received in May in a trade secrets case. U.S. District Judge James M. Moody Jr. said in an order filed Monday that he had been notified that the case has settled. An order of dismissal will be filed within 15 days, and both sides have until then to file any remaining motions, he wrote. Walmart said in a stat…
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