Yahoo Sues Over Alleged Trade Secret Theft

Law360, New York (March 2, 2006, 12:00 AM EST) -- Internet search company Yahoo Inc. has sued a growing technology firm in state court, accusing the smaller rival of building its company with trade secrets poached by the six former Yahoo engineers who founded it.

The lawsuit targets mobile entertainment provider Mforma Group Inc. and will seek damages once Yahoo determines how and to what extent Mforma has allegedly used its proprietary technology, according to a Yahoo attorney.

The lawsuit was prompted by “extensive evidence of wholesale theft,” according to Yahoo’s associate general counsel, Reggie Davis....
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