MAKO Surgical (MAKO) Obtains Permanent Injunction Against Blue Belt
Get Alerts MAKO Hot Sheet
Join SI Premium – FREE
MAKO Surgical Corp. (Nasdaq: MAKO) has obtained an Order Granting Permanent Injunction enjoining Blue Belt Technologies, Inc. from engaging a former MAKO employee and requiring the destruction of all proprietary MAKO business information in Blue Belt's possession.
On January 30, 2013, Blue Belt announced that former MAKO sales manager Jeff Gellman had been hired as West Area Vice President of Sales. MAKO brought an action against Blue Belt and Mr. Gellman in the U.S. District Court of the Southern District of Florida to enforce the non-competition agreement between MAKO and Mr. Gellman and to prohibit the use or disclosure of MAKO's proprietary information.
By court order dated April 4, 2013, Mr. Gellman is prohibited from working for Blue Belt in any capacity until August 2013, and may only work in a limited capacity thereafter until 2014. Furthermore, both Blue Belt and Mr. Gellman have been ordered to certify under penalty of perjury that all MAKO proprietary information in their possession has been permanently purged. The U.S. District Court retained jurisdiction of the matter to ensure compliance with its order.
On January 30, 2013, Blue Belt announced that former MAKO sales manager Jeff Gellman had been hired as West Area Vice President of Sales. MAKO brought an action against Blue Belt and Mr. Gellman in the U.S. District Court of the Southern District of Florida to enforce the non-competition agreement between MAKO and Mr. Gellman and to prohibit the use or disclosure of MAKO's proprietary information.
By court order dated April 4, 2013, Mr. Gellman is prohibited from working for Blue Belt in any capacity until August 2013, and may only work in a limited capacity thereafter until 2014. Furthermore, both Blue Belt and Mr. Gellman have been ordered to certify under penalty of perjury that all MAKO proprietary information in their possession has been permanently purged. The U.S. District Court retained jurisdiction of the matter to ensure compliance with its order.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Snail (SNAL) Announces Resignation of Chief Strategy Officer and Chairman
- ProQR (PRQR) Achieves Successful Defense of New Challenge to its Axiomer IP Portfolio
- American Express (AXP) down despite beating Q1 estimates on top and bottom lines
Create E-mail Alert Related Categories
Corporate News, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!