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Jawbone sues Fitbit as fitness trackers go to war

Fitness trackers call in the lawyers over intellectual property and staffing dispute
By: Ben Gourlay | Business, Financial & Legal News | Posted: May 29, 2015 5:17 am

As fitness tracking company Fitbit prepares to go public in a $100m offering, rival Jawbone has thrown a spanner in the works by launching legal proceedings against the market leader.

 

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According to the Wall Street Journal, Fitbit has been accused of poaching multiple employees away from Jawbone who took with them trade secrets by downloading IP and attempting to cover over their tracks. For their part, Fitbit denies the claims, saying in a statement "We are unaware of any confidential or proprietary information of Jawbone in our possession and we intend to vigorously defend against these allegations."

NEWS SOURCES:Blogs.wsj.com

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