BENTONVILLE, Ark. — A federal judge has ordered a new trial in a trade secrets case that yielded a $115 million verdict against Walmart Inc., agreeing that evidence discovered when the winning lawyers sought $46 million in fees would probably have changed the outcome of the 2021 trial.
U.S. District Judge James M. Moody Jr. of Little Rock issued his order Dec. 22.
Walmart, of Bentonville, discovered the evidence after attorneys for Ecoark Holdings Inc., formerly of Rogers and now of San Antonio, and a subsidiary, Zest Labs Inc., submitted documentation to justify their request for fees. Walmart said it found in attorney log notes that Zest’s lawyers had information regarding its patent applications that would have shaken the plaintiffs’ case.
To read more about this case, our content partner Arkansas Business has the full story here.
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