Appian says IP suit against Pegasystems headed to retrial

Appian (APPN) announced that it would press its trade secret claims against Pegasystems Inc. (PEGA), following the decision from the Supreme Court of Virginia remanding the case for retrial and rejecting Pega’s arguments seeking to dismiss the case entirely. Pega previously was found to have violated the Virginia Computer Crimes Act, a decision it did not appeal. “None of the issues addressed by the Supreme Court of Virginia go to the principal facts regarding Pega’s misappropriation of Appian trade secrets. We will present that evidence to a new jury and remain confident our claims will be properly addressed by Virginia courts,” stated Jaye Campbell, General Counsel of Appian.