Organization: Office of the Superintendent of Financial Institutions Canada
Year: 2023
Month: October
Request Number: A-2023-00014
Request Summary: In a lawsuit brought by Appian against Pegasystems, Pegasystems was found in 2022 to have violated Virginia Computer Crimes Act and found liable for the misappropriation of Appian trade secrets. The jury awarded Appian over 2 Billion dollars in damages for the misappropriation of Appian trade secrets. We believe that OSFI may have sent a letter to certain Pegasystems customers asking them about the existence of risk as a result of the lawsuit. We are officially requesting a copy of that letter.
Disposition: Disclosed in part
Number of pages: 2