Phillips 66 ordered to pay $605m in trade-secrets case with Propel Fuels
Phillips 66, the Houston-based oil and gas giant, has been ordered to pay $604.9 million following a trade secrets lawsuit filed by Propel Fuels. A jury in California ruled in favor of Propel, a Sacramento-based low-carbon fuel retailer, accusing Phillips 66 of misappropriating proprietary marketing data and business strategies during acquisition negotiations. The verdict highlights […]
