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Explaining the Full Disclosure Principle The principle urges the disclosure of information that can have a material impact on the company's financial results or financial position. The principle helps foster transparency in financial markets and limits the opportunities for potentially fraudulent activities.
In jurisdictions that have adopted the inevitable disclosure doctrine, three factors are considered in determining whether to grant injunctive relief based on threatened misappropriation: 1) whether the employers in question are direct competitors providing the same or very similar services; 2) whether the employee's ...
The Inevitable Disclosure Doctrine The doctrine proposes that an employee ?may be enjoined by demonstrating that the employee's new job duties will inevitably cause the employee to rely upon knowledge of the former employer's trade secrets.?
The inevitable disclosure doctrine allows a plaintiff to ?prove a claim of trade secret misappropriation by demonstrating that defendant's new employment will inevitably lead him to rely on the plaintiff's trade secrets.? PepsiCo, Inc. v. Redmond, 54 F. 3d 1262, 1269 (7th Cir. 1995).
Inevitable disclosure is a legal doctrine through which an employer can claim trade secret to enjoin a former employee from working in a job that may result in the use of trade secrets without the need for proof or evidence.