• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Partner stole the secrets

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

M

Missyg1801

Guest
What is the name of your state? North Carolina

Several years ago my company took on a partner. Over the last 3 years we had discussed our plans for additional products, shown him our drawings, blueprints, and other information regarding these products. He was brought in for his financial backing in order to get the products launched. A year later he started another company with 8 other people using our ideas, our packaging, our website design, our tooling company, our supply company, and completely cut us out of it and did it all behind our backs, do we have any recourse against him and his other company?
 


JETX

Senior Member
"do we have any recourse against him and his other company?"
*** Two questions:
1) What, if any, documents did he sign as to secrecy, etc.??
2) Are you able, and willing, to spend in excess of $25k in legal fees trying to pursue a civil suit for 'theft of trade secrets', etc.???
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top