Parking Co. Sues Rival For Defamation In Trade Secrets Row

Law360, New York (April 24, 2013, 1:43 PM EDT) -- Park Plus Inc., a maker of automated and mechanical parking garage systems, launched suit in New Jersey federal court Tuesday accusing rival Boomerang Systems Inc. of engaging in an anti-competitive public smear campaign with unfounded claims that Park Plus misappropriated trade secrets and proprietary technology.

Park Plus alleges that Boomerang has tried to beat back competition in the automated parking garage market and hurt Park Plus’ business by publicly stating and advertising that Park Plus’ AGV systems misappropriated or willfully infringed on Boomerang’s technology for its...
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