Final judgment is in on ACR’s lawsuit against DME and its design consultants alleging that they misappropriated ACR trade secrets and documents and incorporated them into DME’s SATRO PLB. In a Stipulated Judgment and Permanent Injunction issued on January 15, 2013, DME lost big time.
The Stipulated Judgment and Permanent Injunction represents a negotiated agreement between the parties that has been agrreed to and been signed off by the judge in the case. This came about after DME lost the critical first round when the judge issued a preliminary injunction against DME back in October 2012.
Click Here to read that Order Granting Plaintiff’s Motion for a Preliminary Injunction, which includes the judge’s findings of fact which virtually all fell in favor of ACR.
In the end, not only was DME forced to pull the SATRO PLB from the market, which it had already essentially done, and agree not to use ACR’s trade secrets, they also agreed that for a period of four years they would not market ANY PLB and for two years would not market ANY EPIRB. Essentially, for the agreed periods of time, DME is out of the PLB and EPIRB business.
Moreover, the other defendants, the design consultants who formerly worked for ACR, agreed that for a period of five years they cannot work or contribut in any way to the design, development. marketing or sales of PLBs, EPIRBs, or ELTs.
There’s more details, but those represent the bottom line results, a big win by ACR. Click here to read the entire Stipulated Judgment and Permanent Injunction.