Pair allegedly copied code and set up competing web sites while working at Marchex
Does Marchex (NASDAQ: MCHX) have a good business plan? A couple of its former employees think so. The pair have agreed to pay $100,000 after allegedly copying Marchex code and creating competing web sites, reports Puget Sound Business Journal. They also agreed to take down the competing web sites. The article states:
Publicly traded Marchex says it first got wind in November that the pair â€” Eric Thoreson and Casey Manion â€” had copied key Marchex computer code and were operating an internet directories company called Leland Ventures LLC that was “a mirror imageâ€ of Marchex’s business, according to a lawsuit filed July 11 by Marchex.
According to Thoreson’s LinkedIn profile, he was VP, Directory Services at Marchex until December 27. Before that he was GM of Marchex’s GoClick. Manion’s LinkedIn profile shows he was a software engineer for Marchex.
Many domain name companies have explicit rules about what their employees can and cannot do with regards to domain names, and almost all companies have intellectual property agreements.