Premium Mortgage Corp. v. Equifax, Inc., No. 08-5317
In an action for misappropriation of trade secrets against credit reporting agencies engaged in the practice of permitting lenders competing with plaintiff to purchase pre-screened consumer reports containing "trigger leads" compiled by plaintiff, dismissal of the action is affirmed where: 1) the Fair Credit Reporting Act preempted state law claims based on pre-screened reports; and 2) plaintiff failed to identify the legal basis for defendants' alleged duty and obligation to maintain the confidentiality of trigger leads.
Read Premium Mortgage Corp. v. Equifax, Inc., No. 08-5317
Argued: March 9, 2009
Decided: October 5, 2009
Louis B. Cristo, Trevett Cristo Salzer & Andolina, P.C., Rochester, NY
David Cooper, Jones Day, New York, NY
Christopher R. Lipsett and David Sapir Lesser, Wilmer Cutler Pickering Hale & Dorr LLP, New York, NY
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