Mar. 20, 2026
Ex-vice presidents ordered to disgorge profits from rival firms
A Los Angeles judge upheld a $1.1 million arbitration award against two former CriticalPoint executives, rejecting challenges and affirming disgorgement damages tied to alleged misuse of confidential business information.
A Los Angeles judge on Thursday confirmed a final arbitration award against former CriticalPoint Partners LLC vice presidents Chapin Newhard and Philippe Didisheim, upholding a judgment that requires them to pay more than $1.1 million in disgorgement damages for using stolen proprietary data to launch rival firms.
Superior Court Judge Jerrold Abeles rejected arguments by the respondents that the award improperly ordered disgorgement against the defendant's respective companies...
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