Like many companies in these pandemic-ridden days, the Smash My Trash group uses videoconferencing in its business dealings.
The Smash group consists of Smash My Trash LLC, which uses mobile trash compactors to compress trash in customers’ dumpsters, and Smash Franchise Partners, LLC, which sells the company’s franchises.
One potential franchisee, serial entrepreneur Todd Perri, used the information gleaned from Smash’s videoconferences to help set up a direct competitor.
Smash Franchise Partners last year filed suit in the Delaware Court of Chancery — the Nation’s preeminent forum for determining business disputes — alleging Perri breached its trade secrets and used confidential information.
The court denied the injunction because it found security around and during the videoconferences was sloppy.
To read the rest of the article (includes Devin Redmond’s, CEO and co-founder of Theta Lake, comments), click here.