LOLG Successful in Obtaining Injunction to Prevent Theft of Confidential Information

LOLG represent a healthcare innovation company in a civil action and injunction proceedings against a former company executive who is alleged to have stolen trade secrets and intellectual property in an effort to set up a competing business and sell the stolen technology.  On July 12, 2019, LOLG succeeded in securing an injunction, prohibiting the defendant from communicating with his alleged co-conspirators, misusing the client’s information, and freezing a bank account containing proceeds from the allegedly illicit sale of the client’s information. The Court found that there was a strong prima facie case against the former company executive for breach of contract and breach of his fiduciary duties to the company.