550.4 Damages. 1. Except to the extent that a material and prejudicial change of a person’s position occurs prior to acquiring knowledge of a misappropriation and renders a monetaryrecovery inequitable, an owner of a trade secret is entitled to recover damages for themisappropriation. Damages may include the actual loss caused by the misappropriation,and the unjust enrichment caused by the misappropriation which is not taken into account incomputing the actual loss. In lieu of damages measured by any other methods, the damagescaused by misappropriation may be measured by imposition of liability for a reasonableroyalty for a person’s unauthorized disclosure or use of a trade secret. 2. If a person commits a willful and malicious misappropriation, the court may award exemplary damages in an amount not exceeding twice the award made under subsection 1. 90 Acts, ch 1201, §4 Sat Dec 23 01:48:07 2023 Iowa Code 2024, Section 550.4 (14, 0)
Iowa Legal Code