Mealey's Trade Secret - Company Precluded From Bringing Trade Secrets Suit In Texas Court

HOUSTON - A federal judge in Texas on June 6 ruled that although a technology company has shown that personal jurisdiction exists over the CEO of one of its business partners in a trade secret misappropriation and computer fraud lawsuit, under the terms of a business agreement, the court lacks subject matter jurisdiction because it is not the proper venue pursuant to the business agreement's arbitration and venue provisions (Fintech Fund FLP v. Ralph Horne, No. 18-1125, S.D. Texas, 2018 U.S. Dist. LEXIS 112458).
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