- A manufacturer of solar inverter components, MAGicALL, has accused its former customer Advanced Energy Industries of stealing trade secrets and violating non-disclosure agreements relating to MAGicALL’s product designs.
- Trade secret law protects companies against the misappropriation of valuable business information that has been subject to reasonable efforts to maintain secrecy.
California’s MAGicALL, Inc. has filed a lawsuit against Advanced Energy Industries, Inc. (“AEI”) and several affiliated companies alleging breach of non-disclosure agreements and theft of trade secrets relating to MAGicALL’s solar inverter technology. In a Complaint filed in federal court in Colorado this month, MAGicALL requested that the court issue an injunction preventing AEI from continuing to sell any products containing MAGicALL’s proprietary technology, and award monetary damages in an amount yet to be determined. Continue reading Dispute Over Solar Inverter Technology Heads to Federal Court