Supreme Court of Virginia Agrees to Hear Appian Petition to Reinstate $2.036 Billion Verdict Against Pegasystems, Inc.

Core Points - The Supreme Court of Virginia has agreed to hear Appian's petition to reinstate a $2.036 billion judgment against Pegasystems for willful and malicious trade secret misappropriation [1][3] - The original jury verdict was based on extensive evidence, including testimony from dozens of witnesses and thousands of pages of documentation, indicating Pegasystems used a "spy" to gain insights into Appian's software [2] - The Virginia jury confirmed that Pegasystems violated the Virginia Computer Crimes Act, a ruling that Pegasystems chose not to appeal [4] Company Overview - Appian is a software company focused on improving organizational processes, reducing costs, and enhancing customer experiences [6] - The company serves many of the world's largest companies across various industries, emphasizing its commitment to client success [6]