Italy's Prysmian gets more than $96 mln in trade secrets dispute against Sterlite

Aug 12 (Reuters) - Italian cablemaker Prysmian (PRY.MI) on Monday received about $96 million in its trade secrets case against India's Sterlite Technologies (STTE.NS).

Prysmian filed the lawsuit in 2021 claiming that a former executive Stephen Szymanski misused trade secrets and took them to his new employer Sterlite, a networking technology provider.

The trial found out that Sterlite possessed information regarding clients, products, and Prysmian's manufacturing facilities expansion.