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Zrii Sues Lifevantage Corporation

Zrii, LLC announced today that on February 27, 2009, Zrii, LLC filed a lawsuit against Lifevantage Corporation (a publicly traded company headquartered in San Diego, CA) for allegedly inducing and conspiring with the former Zrii executive management team and some of its leading Independent Executives to breach their contracts with Zrii, to join Lifevantage as its employees or distributors, and to utilize trade secrets of Zrii for the benefit of Lifevantage. The lawsuit was filed in the United States District Court in the Southern District of California (Ref. #:09 CV 0405 L). Zrii alleges and is seeking damages in excess of $250 million. To continue reading this interesting article from Businesswire, click here.

Full post as published by The Trade Secrets Vault on March 08, 2009 (boomark / email).