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Old 04-04-2006 | 07:52 AM
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Rick James
Nontypical Buck
 
Joined: May 2004
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From: Albany, NY
Default Elite lawsuit.......

I don't really have a horse in this race but thought some of you may find this interesting if your planning on dropping hard earned $$$ on an Elite. They look to be OK bows, but I don't really know if I would spend the $$$ on one knowing that this is going down......hard to tell what the outcome will be and if they will be able to survive this as a startup company.

Extreme Technologies, Inc., doing business as BowTech, vs. Kevin Strother, Kate Strother (formerly known as Kate Robinson), Elite Archery, Inc., and Does 1-10: Plaintiff alleges breach of contract, breach of fiduciary duty, misappropriation of trade secrets, intentional interference with business relations, conversion, civil conspiracy, injunction, accounting. Suit seeks to enjoin defendants from direct or indirect competition with plaintiff's business, and using or disclosing plaintiff's trade secrets. Suit seeks return of all confidential information and accounting for and disgorging of all proceeds of sales of plaintiff's property. Suit seeks $1.5 million in damages and punitive damages to be determined at trial.
http://www.registerguard.com/news/2006/03/30/d2.cr.records.0330.p2.php?section=cityregion


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