*NEWS*HP & LEXMARK BURY HATCHET OVER EXEC

Toner News Mobile Forums Latest Industry News *NEWS*HP & LEXMARK BURY HATCHET OVER EXEC

Date: Thursday January 11, 2007 01:26:00 pm
Viewing 1 post (of 1 total)
  • Author
    Posts

  • Anonymous
    Inactive

    HP and Lexmark bury hatchet over Dahlgren
    Lexmark
    and HP have settled their legal battle over an employee who jumped ship
    from the former to the latter. Bruce Dahlgren was hit by a restraining
    order that kept him from overseeing HP’s business in North America for
    one year following his move from Lexmark. Dahlgren was vice president
    and general manager of Lexmark’s North America Printing Solutions and
    Services Division, becoming the head of enterprise sales for HP’s
    Imaging and Printing Group after his switch.Legal proceedings first
    began when HP and Dahlgren filed a complaint against Lexmark in the
    Superior Court of the State of California for the County of Santa
    Clara.Lexmark responded with a countersuit against HP and naming
    Dahlgren, Vyomesh Joshi, Patricia Dunn and Mark Hurd.This was followed
    by a separate civil court case filed by Lexmark in a US Circuit Court
    in which Dahlgren issued a countersuit against Lexmark.However, an
    injunction issued in the civil action backed the clause in Dahlgren’s
    Lexmark contract that stopped him moving to a competitor and carrying
    out a similar role for one year.Today’s agreement settles all claims
    relating to both court cases.”HP is pleased to have resolved all
    outstanding litigation with Lexmark in California and Kentucky relating
    to Bruce Dahlgren’s joining HP,” said an official HP statement.”During
    the litigation, Bruce Dahlgren and HP complied with all of the
    restrictions imposed by the Kentucky court’s restraining order, and the
    settlement clearly acknowledges this.”HP said that it is now looking
    forward to Dahlgren making a contribution to the company’s business in
    North America.As part of the settlement HP agreed to pay $525,000  to
    Lexmark, although both parties will pay their own legal costs.Dahlgren
    also agreed not to disclose any confidential or proprietary information
    or to steal staff or customers away from his former employer.The
    notebooks he used while employed at Lexmark will be destroyed on 9 June
    2009.

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.