Court dismisses SunPower lawsuit against rival SunEdison
SunPower research facility. Author: U.S. Department of the Interior. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.
The Northern District of California has granted renewables major SunEdison Inc's (NYSE:SUNE) motion to dismiss charges filed by rival SunPower (NASDAQ:SPWR) over trade secret theft.
The solar power firm claimed that some former employees had breached its computer use policies and misappropriated information before leaving the company to become part of SunEdison.
SunPower filed a lawsuit against SunEdison and those former employees in June 2015. The court has now ruled that the company had failed to adequately plead a Computer Fraud and Abuse Act (CFAA) claim, SunEdison said in a statement today.
SunPower believes its rival poached 20 workers in the US, Spain and Italy from 2011 to 2014 who brought in stolen proprietary information, including dealer and distribution channel strategy information as well as market research and sales roadmaps, Bloomberg said previously.