Von Roll USA Inc. said Friday it has settled its lawsuit against four former employees it had accused of corporate espionage.
In a U.S. District Court filing last December, the Swiss-based company claimed the employees, including former Chief Executive Jack Craig, were using stolen information to set up a rival company, Craig Wire Products LLC.
The suit even claimed that the employees — the others were Brett Portwood, Brad Archambeau and Linda Belcher — remotely accessed confidential information on Von Roll computers in its plant in Rotterdam.
Belcher and Archambeau are former managers at Von Roll's Rotterdam plant, court papers say.
On Friday, Von Roll in a written statement said "all claims and counterclaims in the case have now been settled and the lawsuit will be discontinued in its entirety." (more)
