L'Oreal Says Shiseido Prompted Ex-VP To Violate Noncompete

Law360, Los Angeles (October 24, 2017, 10:33 PM EDT) -- L’Oreal USA Inc. accused cosmetics rival Shiseido of stealing one of its executives, together with the confidential information in his memory, and persuading him to defy the noncompete agreement he’d signed when he left his post, according to a New York suit on Tuesday.

The beauty giant said that Antonios Spiliotopoulos, a senior vice president who’d helped design L’Oreal’s business plans, including its design and roll-out of new products, had resigned in June and agreed to wait until December to start at his new job in...
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