Equinox Hits Ex-Trainers With $40M Trade Secrets Suit

Law360, New York (October 25, 2013, 6:31 PM EDT) -- Popular gym chain Equinox Holdings Inc. hit three former trainers and their new company with a $40 million lawsuit Tuesday in New York state court accusing them of unfair competition and stealing Equinox's trade secrets to establish a competing business.

Albert Matheny, Andrew Speer and Ryan Hopkins, the three former personal trainers named in the lawsuit, used confidential business information and their personal relationships with Equinox clients to open up a competing gym located only blocks from Equinox's SoHo location in New York where they used...
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