Update 4:40pm: Adds Appian comment. Pegasystems rose 6% as an appeals court granted the company a new trial in a legal dispute in trade secrets case with Appian Corp. (NASDAQ:APPN) Appian fell 2%. "We ...
Pegasystems (NASDAQ:PEGA) was upgraded to outperform from market perform at William Blair after an appeals court overturned a $2 billion judgement against the firm in a trade secrets case with Appian ...
Our bear case assumes Pegasystems loses its appeal and owes the entire $2 billion to Appian paid in 2025 after a theoretical judgment is paid. Based on its current balance sheet, we believe it is very ...
(Reuters) -Appian Corp shares soared and Pegasystems Inc shares tumbled on Tuesday after a Virginia jury ordered Pegasystems to pay its software rival $2.04 billion in damages for misappropriating ...
(Reuters) -Software company Pegasystems convinced a Virginia appeals court on Tuesday to throw out a $2 billion jury verdict for rival Appian in a court battle over Pegasystems' alleged theft of ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min In the Cambridge company’s ...
In May, a jury found against Pegasystems. After a final judgment was entered in September, the case is set to go to appeals. Appian was awarded those damages in May, and in September the court entered ...
Last week, one analyst asked Pega CEO Alan Trefler if the $2B Appian lawsuit is shaping any of the company's conversations with customers. Here's how he responded. Pegasystems shares plummet after $2B ...
The low-code specialist scored a big win in court over Pegasystems. Appian shares jumped 39% last Tuesday after the news came out, while Pegasystems' stock plunged 21%. It's not a surprise that the ...
"The important thing here is you can't ever regret protecting the rights of your company. That's not something you should hesitate about. If the conduct is serious, you have to pursue it," said Appian ...
Appian Corp shares soared and Pegasystems Inc shares tumbled on Tuesday after a Virginia jury ordered Pegasystems to pay its software rival $2.04 billion in damages for misappropriating trade secrets.