Building products extruder Deceuninck North America of Monroe has won almost $1.16 million in a trade secrets lawsuit against a former employee.
Deceuninck opened the suit in 2007, CEO and President Mark Parrish said in a March 29 telephone interview.
We have prevailed on principle just for the fact that we got our day in court, he said. It's amazing how much of a distraction and how many resources this consumes.
The suit involved a former vice president of Deceuninck's decking business, and the company he went to work for, Sensibuilt Building Solutions.
Deceuninck alleged in the suit that the employee used key documents involving its deck trim product. The employee allegedly was developing a similar product for Sensibuilt, Deceuninck officials said.
Sensibuilt has since merged with New London, N.C.-based Fiber Composites LLC, which retained the Sensibuilt product and brand name.
A spokeswoman for Fiber Composites, which changed its name to Fiberon LLC in December, said the lawsuit with Deceuninck involves activities and matters that did not and do not involve Fiber Composites/Fiberon LLC.
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