Breach of NDA
Disclosing information protected by an NDA can result in legal repercussions. Mississippi law states that plaintiffs can seek damages within three years of a contract breach, or five years of discovering misappropriation of trade secrets.[1]
Trade Secret: Defined
Mississippi’s legal definition of a trade secret is information that[2]:
- Generates financial value by being kept confidential.
- Is not readily discoverable by others.
- Is being protected by the information’s owner.