"Proven Compliance Solutions Inc." Named in Theft of Trade Secrets Lawsuit

Share Article

Houston-based Intellibind Technologies, LLC, has filed suit against former employees and a competitor, Proven Compliance Solutions, Inc. charging them with misappropriation and misuse of its trade secrets. Intellibind Technologies, LLC, is a national company providing electric power utilities with NERC and FERC compliance related services.

While it is reasonable for former employees to advance their career with other companies or even forming their own company, it is unjustifiable for them to disclose confidential and proprietary trade secrets to benefit a direct competitor.

Houston-based Intellibind Technologies, LLC (Intellibind), has filed suit against former employees and a competitor, Proven Compliance Solutions, Inc. charging them with misappropriation and misuse of its trade secrets. Intellibind Technologies, LLC, is a national company providing electric power utilities with NERC and FERC compliance related services.

Intellibind filed the lawsuit against Proven Compliance Solutions, Inc in the United States District Court, Southern District of Texas, case number 4-10 CV 1779. In addition to the misappropriation of trade secrets, the lawsuit also alleges violations of the Federal Computer Fraud and Abuse Act, copyright infringement and unfair competition. Former employees named in the lawsuit include former Intellibind executives Dale Zahn, Crystal Mussellman and Ryan Carlson, who recently joined Proven Compliance Solutions, Inc.

“While it is reasonable for former employees to advance their career with other companies or even forming their own company, it is unjustifiable for them to disclose confidential and proprietary trade secrets to benefit a direct competitor,” said Bill Addington, Chief Executive Officer for Intellibind, in a statement.

The terminations of the former employees involved did not adversely affect Intellibind customer service. According to Addington: “We have added a number of new clients, continued servicing existing clients to a high level of satisfaction, and have begun new service offerings since the defendants departures.”

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Lewis Harley
Lewis K. Harley, Attorney At Law
281-725-0425
Email >