Posted by: Nathan Simon
HP, injunction, Mark Hurd, Oracle, Superior Court, trade secrets
Well Mark is again in trouble, after resigning from HP he has now been hired onto Oracle’s roster. HP says its impossible for Mark to do his job there without disclosing trade secrets that Mark was paid to keep.
“Despite being paid millions of dollars in cash, stock, and stock options in exchange for Hurd’s agreements to protect HP’s trade secrets and confidential information during his employment and following his departure from his positions at HP as chairman of the board, chief executive officer, and president, HP is informed and believes and thereon alleges that Hurd has put HP’s most valuable trade secrets and confidential information in peril,” the suit says.
Working at Oracle, Hurd “will be in a situation in which he cannot perform his duties for Oracle without necessarily using and disclosing HP’s trade secrets and confidential information to others,” according to the suit.
HP is asking for an injunction against Hurd’s hire by Oracle, an order for Hurd to provide written notification to HP of his hire by Oracle.
In August, Hurd resigned suddenly after HP’s board of directors concluded that he had violated the company’s code of business conduct in connection with his relationship with a former marketing contractor who worked with HP.
What does HP expect Mark to do, just crawl in a whole and not work ever again? As long as he abides by the rules and DOESN’T release trade secrets all would be well.
See the whole story here.