Cisco Sues Ex-Employees Over Alleged Trade Secrets Theft

Nov. 18, 2019, 10:35 PM UTC

Cisco Systems Inc. sued two of its former high-level engineers over claims they stole thousands of files containing confidential trade secrets when they defected to a competitor.

The company alleges in the complaint filed Monday in San Francisco federal court that a third employee “was offered employment at the same competitor after proposing a go-to-market strategy he dubbed ‘Project X,’ which had been developed and refined at Cisco.”

To contact the reporter on this story:
Peter Blumberg in San Francisco at pblumberg1@bloomberg.net

To contact the editor responsible for this story:
David Glovin at dglovin@bloomberg.net

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