Pegasystems Inc.

NASDAQ:PEGA   3:59:59 PM EDT
46.60
-1.93 (-3.98%)
Products, Litigation

Pegasystems Says Jury Rendered Verdict Against Co With Respect To Trade Secrets Claim For $2.04 Billion In Damages, Entitling Appian To Recover Attorney's Fees

Published: 05/09/2022 21:51 GMT
Pegasystems Inc. (PEGA) - Pegasystems - on May 9, Jury Rendered Verdict Against Co With Respect to Trade Secrets Claim for $2.04 Billion in Damages, Entitling Appian to Recover Attorney's Fees.
Pegasystems Inc - With Respect to Virginia Computer Crimes Act, Jury Awarded Damages to Appian in Amount of One Dollar.
Pegasystems Inc - "strongly Disagree With Claims and Verdict".
Pegasystems Inc - Plans to Pursue Its Post-trial Remedies to Have Verdict Set Aside.