However, Judge Breyer ruled that Soelect failed to adequately support its claims. He noted that the startup’s reliance on a previous New York case involving WebMD and a nondisclosure agreement was misplaced, as the circumstances were different. In Soelect’s case, there was no indication of any “nefarious” contracting process, nor any evidence that the alleged misappropriation occurred within the United States.
“Here, the alleged misappropriation happened entirely in South Korea,” Judge Breyer said. He added that there was no point in allowing Soelect to amend its complaint since California was clearly not the appropriate venue for the dispute.
Hyundai Trade Secrets Suit : Next Steps for Soelect
Soelect’s attorney, Christopher Smith, expressed disagreement with the ruling, saying in a statement, “We respectfully disagree with the judge’s order and are considering all available options at this time.” No further details were provided on whether Soelect plans to refile the Hyundai trade secrets suit in another jurisdiction.
