Fintech Firm Says Ex-Facebook Staffer Took Proprietary Info
By Brett Barrouquere (June 14, 2021, 7:48 PM EDT) -- A former Facebook account executive allegedly took proprietary information gathered while working with a financial tech client at the social media giant and leveraged it for a job with that former client's business rival, the company claims in a new lawsuit in Georgia.
Greenlight Financial Technology Inc., which makes smart debit cards and financial apps aimed at parents who want to teach their kids about finances, said former Facebook client partner Jordan Nichols used his position and access to Greenlight information to steal a variety of trade secrets, including Greenlight's cost to acquire customers, target audience and strategic roadmaps.
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!