On Monday, H-P sued Hurd in California Superior Court in Santa Clara, Calif. Click here for the complaint. The gist of the claim claim: that in the course of his duties with Oracle, Hurd will inevitably disclose H-P’s trade secrets and confidential information, in violation of his severance agreement.
“Mark Hurd agreed to and signed agreements designed to protect H-P’s trade secrets and confidential information,” an H-P spokeswoman said. “H-P intends to enforce those agreements. ”
Reads the complaint:
Despite being paid millions in cash, stock and stock-options in exchange for Hurd’s agreements to protect HP’s trade secrets and confidential information . . . following his departure . . . from HP, HP is informed and believes and thereon alleges that Hurd has put HP’s most valuable trade secrets and confidential information in peril.
HP sues Mark Hurd because he joined Oracle
Posted on Tuesday, September 07 2010 @ 22:45 CEST by Thomas De Maesschalck