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Colo. Fence Co. Alleges Rival Stole Trade Secrets and Customers

Law360 - Employment & Career News
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Summary

AI-Generated
  • A Colorado fencing distributor has filed a federal lawsuit alleging that a rival company, backed by private equity, conspired to steal its trade secrets and customers.
  • The lawsuit claims the competitor and a former sales manager devised this scheme to avoid paying $7 million for an acquisition.
  • This legal battle highlights the intense competition in the fencing industry and raises questions about corporate ethics.
  • The outcome could set significant precedents regarding trade secret protections in similar industries.

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