Fergie's Tech Blog

Yahoo! Claims Start-Up Stole Trade Secrets

Yahoo has filed a lawsuit against wireless content company MForma, charging the San Francisco-based company and a group of ex-Yahoo employees there with theft of trade secrets.

According to the lawsuit, which was filed Monday in a Santa Clara County state court, the group of seven former Yahoo employees copied large amounts of confidential business and technical data when they left the Web portal company, and brought it to use in their new positions at MForma.

Yahoo is seeking a temporary restraining order, barring MForma from using any of the business or technical data. The company wants a deeper understanding of how the information has been used before asking for damages, a Yahoo attorney said.

posted by Fergie @ 2/27/2006 06:13:00 PM