Summary
Because the defendants’ “stole” the plaintiff’s start-up company, the Court upholds a $10 million lost profits damages based on using the defendants’ profits and financial data as a surrogate.
Electronic Funds Solution, LLC, v. Murphy
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See Also
When One Business ‘Steals’ Another, its Net Profits Can Provide Basis for Damages
Because the defendants’ “stole” the plaintiff’s start-up company, the Court upholds a $10 million lost profits damages based on using the defendants’ profits and financial data as a surrogate.