Jury Awards $26 Million to U.S. Small Business in Trade Secrets Lawsuit Against Chinese Manufacturer and Dubai Distributer

Tuesday, July 27th, 2010 | Executive Compensation Attorney

On July 15, 2010, a jury for the U.S. District Court in the Eastern District of Virginia returned a verdict totaling $26 million in favor of Jordan Fishman against a Chinese tire manufacturer and a Dubai tire distributor for stealing trade secrets and infringing upon Fishman’s copyrights and trademarks. Fishman’s small businesses, Tire Engineering & Distribution LLC and Alpha Tire Systems, specialize in designing underground mining tires. Conspiring with an employee of Fishman’s, the Chinese and Dubai companies stole Fishman’s tire designs and sold similar tires under their brand names.

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