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Appian soars after winning US$2bn verdict against Pegasystems

By Jonathan Stempel

May 11 2022 6:23AM

In trade secret misappropriation case.

Appian soars after winning US$2bn verdict against Pegasystems

Appian shares soared and Pegasystems shares tumbled after a Virginia jury ordered Pegasystems to pay its software rival US$2.04 billion (A$2.94 billion) in damages for misappropriating trade secrets. The damages award issued on Monday by the Fairfax County Circuit Court jury followed a ...

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