Ocado said today it has settled a legal dispute with its co-founder and a former employee after accusations they secured confidential documents from the online retail firm while they set up a competitor.
Confidential documents
The
The documents related to the operation of Ocado’s warehouses and details related to its joint venture with Marks & Spencer, which replaced its retail partnership with
It said that, at the time Ocado’s search order was served, Faiman was “on his way to a meeting with
A spokesman for Ocado declined to disclose the sum Faiman and Hillary paid but he did say “it is our duty to protect our people and their work from any unlawful and illegitimate use by third parties for their own ends.”
The post Ocado settles espionage spat with its founder
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