Score one for the small guys. Startup TechForward just won a huge lawsuit against electronics retailer Best Buy over misappropriated trade secrets. The judge has awarded TechForward $22 million in damages, as well as another $5 million in punitive damages. Here’s the background. In 2009, Best Buy and TechForward, which has raised money from First Round Capital and NEA, engaged in a trial… → Read More
You don’t see total betrayals like this every day. But if the facts that TechForward are alleging in their lawsuit (embedded below) against Best Buy are true, this is some truly sleazy stuff.
Last year, says the lawsuit, Best Buy and TechForward engaged in a trial program of TechForward’s Guaranteed Buyback Plan in a number of Best Buy stores. Customers choose to purchase the plan at the time… → Read More
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