Crocs sues rival Joybees over stolen trade secrets by former manager, intellectual property

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Foam clog maker Crocs is suing rival Joybees over stolen corporate trade secrets and intellectual property while rival has filed competing claim.

The new complaint accuses McCarvel, who was a midlevel manager at Crocs, of stealing several thousand documents containing Crocs’s highly confidential and proprietary business information, as well as the contents of an entire Crocs email account.

Crocs alleges that McCarvel stole those documents and emails by downloading them onto a personal USB drive before leaving Crocs the next day. , Joybees. A crocs sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall on August 26, 2018 in Central Valley, New York.asserted that Crocs was trying to monopolize the market for "injection-molded clogs," in violation of U.S. and state antitrust law.

Attorneys for Joybees accused Crocs of anticompetitive behavior and said "consumers have been deprived of the full benefits of competition," including "choice, quality, and innovation."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in PROPERTY

Property Property Latest News, Property Property Headlines