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  4.  | Spectrum Dynamics files theft of trade secrets lawsuit

Spectrum Dynamics files theft of trade secrets lawsuit

| Dec 12, 2018 | Trade Secret And Non-Compete Disputes |

Medical companies in Florida and across the nation are constantly attempting to make advancements in patient care by developing cutting-edge products. Should a company feel that another party is seeking to gain an unfair advantage by stealing sensitive product information, it may wish to protect its interests by any means necessary. Spectrum Dynamics has recently filed a lawsuit against GE Healthcare, accusing the company of theft of trade secrets.

According to reports, the incident pertains to sensitive information regarding nuclear medical imaging technology developed by Spectrum Dynamics. Spectrum says this technology could improve patient care substantially while also having the potential to reduce expenses for hospitals and medical facilities. The company asserts that that the technology is cutting edge and claims that a competitor is seeking to gain an unfair advantage by misappropriating sensitive information.

Spectrum Dynamics has accused rival company GE Healthcare of stealing information on product designs and operational procedures. Spectrum claims that GE has stolen and used sensitive trade secrets to develop and file patents for its own products. Spectrum Dynamics has filed a lawsuit against GE and is seeking to keep the company from using its proprietary information.

Many companies place a high priority on protecting sensitive information. Those who feel that a theft of trade secrets has occurred could choose to consult with an attorney for guidance on the next steps to take. An attorney can evaluate the situation thoroughly and assist a client in Florida in protecting his or her business interests through the necessary channels.