Fitbit Didn't Steal Trade Secrets From Jawbone, Judge Rules

In a ruling Wednesday, a federal judge said the company didn't steal trade secrets from Jawbone, a competitor.
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Good news for Fitbit (FIT) - Get Report . In a ruling Wednesday, a federal judge said the company didn't steal trade secrets from Jawbone, a competitor. In 2015, Jawbone filed a lawsuit against Fitbit alleging theft of such secrets and the hiring of Jawbone talent. Fitbit shares rose two percent. TheStreet's Scott Gamm reports from Wall Street.