A top-level executive at iPhone 5 cases Louis Vuitton who not necessarily jumped ship for Coach offers gotten the company in hot water, The trend Law reports, for the possible crime of sensitive company information and additionally data.
Joon Ma, who fixed as Louis Vuitton case iPhone 5's VP of a Canada and Bermuda, left firm for Coach on April 4 simple. "Prior to leaving LVNA in support of Coach, " Louis Vuitton charges, "Ma transferred confidential LVNA information through her LVNA laptop computer to several outward storage devices, and then deleted electronic files and emails from her LVNA computer and email account to help cover her tracks. " Mother also violated the non-compete convention in her contract, which expressed that she must not accept employ a competitor of Louis Vuitton for half a year following her resignation. This appears all the more relevant given Coach's different direction: high-priced, status-symbol handbags costing up to $5, 000.
Louis Vuitton is specially perturbed by the case because Mother was part of an elite group of HERMES executives that were not only privy to the business's "most sensitive strategic plans and also the precise product information, " but also knew "extensive sensitive and trade secrets information involving not only LVNA's business but also worldwide business of the Louis Vuitton brand all together. " The company is asking Mother to return the confidential information, of cease working for Coach for half a year per her non-compete, and for "well over $500, 000. "
· Louis Vuitton Sues Ex-VP and Teacher for Misappropriating Trade Secrets [The Fashion Law]
· Coach to Raise Net Prices Because $500 Bags May be for Peasants [Racked]
· Urban Oufitters Brand Free Somebody Getting Sued Over Junk Mail [Racked]
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