PayPal's Business Built On Stolen Trade Secrets, Suit Claims

By Henrik Nilsson

Patent licensing company Internet Payments Patents Ltd. sued PayPal Inc. in Texas federal court on Tuesday alleging the financial tech giant stole trade secrets following meetings in the early 2000s to discuss a potential partnership, saying it only recently learned of the alleged theft from articles posted on PayPal's website.

 Complaint attached | Read full article » | Save to favorites »