Breach of NDA
Breaching the terms of an NDA agreement can result in legal action. Under Missouri law, the injured party can file a lawsuit for damages within five years of finding misappropriation (or from when it could have been found through reasonable efforts).[1]
Trade Secret: Defined
A trade secret is defined by Missouri statutes as information that[2]:
- Is safeguarded by a company or individual.
- Provides economic value by not being disclosed.
- Is not generally known.
- Is not easily acquired by others.