A breach of a confidentiality agreement can result in serious consequences for all parties involved. From lawsuits to criminal charges, the results can put a strain on your personal and professional life. Breaching a confidentiality agreement can lead to lawsuits, loss of business relationships, and even employee termination.
What Is A Confidentiality Agreement?
A confidentiality agreement is a non-disclosure or secrecy agreement that is used to protect products, patents, and trademarks so that the information is not disclosed to competitors and the public.
Lawsuits And Injunctions
When a breach occurs, a company or citizen may decide to file a lawsuit. As your Chicago class action lawyers, we sometimes see the process of filing for injunctive relief from the court in order to prevent the violating party or entity from continuing the disclosure efforts. Normally this happens to make sure everyone knows there was a breach of confidentiality, and to put an immediate stop to it. In short, such a violation would automatically result in irreparable harm.
Losing Business and Relationships
If a business breaches or violates their confidentiality agreement, it can result in the loss of business or gaining new clients, ultimately harming the reputation of the business and its employees.
Contact Zimmerman Law Offices Today
Zimmerman Law Offices P.C. has a team of Chicago class action lawyers that have litigated numerous non-disclosure lawsuits. If you believe you have a consumer rights claim or have been involved in a breach of confidentiality, you may be eligible for participation in a class-action lawsuit. Contact attorney Tom Zimmerman at 1-877-440-0020 or head to Zimmerman Law Offices, P.C. to receive a free initial consultation. We are ready to fight for you and your rights to make sure you get the outcome you deserve.
