Indiana

Trade Secrets and Another Hiring Case

"Michael Sheehan joined the Chicago-based gym operator as CEO on July 1, after nearly eight years at 24 Hour Fitness USA Inc., where he was most recently chief operating officer. 24 Hour Fitness, based in San Ramon, Calif., operates more than 400 clubs that offer low-cost memberships similar to Bally's.

24 Hour Fitness claims that Sheehan's new position would inevitably lead him to rely on his previous employer's trade secrets, according to its complaint filed July 7 in federal court in Chicago. In his previous position Sheehan, 46, had knowledge of the company's confidential growth plans, marketing strategies and financial data, the suit said."

Full post as published by Indiana Civil & Business Lawyer on July 28, 2008 (boomark / email).