Employee Poaching Suit
In early 2007, Citadel Broadcasting filed a lawsuit against Peak Broadcasting, claiming Peak raided its staff and secured company information. Peak operated in the Boise, Idaho market after purchasing six radio stations from Clear Channel Communications. Citadel also owns six stations in Boise. The suit claimed that one of the former Citadel employees stole a computer disk with critical information after asking the Citadel IT person to help him copy information, which Peak then used to compete against Citadel in Fresno, California, as well. Peak has denied the allegations, but the two parties reached a confidential settlement, which included an undisclosed payment to Citadel, according to the Idaho Statesman.
Read more about this topic: Citadel Broadcasting
Famous quotes containing the word suit:
“Matrimonial devotion
Doesnt seem to suit her notion.”
—Sir William Schwenck Gilbert (18361911)