Apple Inc. In Talks To Settle Lawsuit With Car Battery Maker
Apple wants to reach a settlement with the electric battery maker that claims the iPhone maker poached employees.
Apple looking to resolve the lawsuit
The battery maker filed the lawsuit in a Massachusetts federal court in February. The company claims Apple had an aggressive campaign last year to entice top employees who performed testing and critical development activities. Yesterday Apple filed a motion to bide more time. The tech giant is also looking at ways to reach a resolution with the battery maker. Neither a spokesperson for Apple or A123 Systems commented on the matter.
Concerns involving agreement contracts The lawsuit names the five employees Apple poached and states that it violated the non-compete and non-disclosure agreements the employees signed. Non-compete agreements are unenforceable in most states except Massachusetts.
A123 Systems creates energy storage systems for industrial and commercial applications. One of the company’s highlights includes advanced energy storage for electric-drive vehicles. The company also boasts that it has built more lithium-ion hybrid systems than any other company. The batteries run transit buses throughout the world.
source: http://www.valuewalk.com/2015/03/apple-inc-in-talks-to-settle-lawsuit-with-car-battery-maker/
Apple wants to reach a settlement with the electric battery maker that claims the iPhone maker poached employees.
Apple looking to resolve the lawsuit
The battery maker filed the lawsuit in a Massachusetts federal court in February. The company claims Apple had an aggressive campaign last year to entice top employees who performed testing and critical development activities. Yesterday Apple filed a motion to bide more time. The tech giant is also looking at ways to reach a resolution with the battery maker. Neither a spokesperson for Apple or A123 Systems commented on the matter.
Concerns involving agreement contracts The lawsuit names the five employees Apple poached and states that it violated the non-compete and non-disclosure agreements the employees signed. Non-compete agreements are unenforceable in most states except Massachusetts.
A123 Systems creates energy storage systems for industrial and commercial applications. One of the company’s highlights includes advanced energy storage for electric-drive vehicles. The company also boasts that it has built more lithium-ion hybrid systems than any other company. The batteries run transit buses throughout the world.
source: http://www.valuewalk.com/2015/03/apple-inc-in-talks-to-settle-lawsuit-with-car-battery-maker/