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RedTube, WEG Settle Suit Over Leaked Trade Secrets

By Rhett Pardon U.S. District Judge Jacqueline Nguyen signed off this morning on an order discharging claims and vacating further motions in the case that pitted two large adult brands over allegations of leaked confidential documents, poached business secrets and cybersquatting. RedTube.com claimed that a former company officer leaked a confidential memo that provided RedTube.com trade secrets when WEG apparently contemplated purchasing the tube site. "The confidential memorandum was watermarked so that any copy of the memorandum bore the words 'Web Entertainment Group Inc.' in large type running diagonally from the bottom left-hand corner to the top right-hand corner of each page," the suit said. To continue reading this interesting article from XBIZ Newswire, please click here.

Full post as published by The Trade Secrets Vault on February 08, 2010 (boomark / email).