Monster.com has sued a start-up rival run by the leading on-line
recruitment site’s former CEO who has been joined by 18 of its
former employees. Monster.com this week took action against
WOWemployers Network alleging civil conspiracy, misappropriation of
trade secrets and violations of stock option agreements and other
agreements.
The aggrieved company alleges in its lawsuit, filed in an
Indiana court, that its former CEO, Bill Warren, who left
Monster.com in December 1999, used the company’s employees to
obtain confidential information. It is seeking an injunction to
stop the rival site trading.
However, Warren says that his restrictive covenant with
Monster.com expired in December 2000 and said that the company’s
former employees who joined him were not solicited by him, claiming
that he was approached by them.
