Cigniti’s US subsidiary to file lawsuit against former employees, related entity
Hyderabad: Hyderabad-based Cigniti Technologies has informed the BSE that at the meeting of the Board of Directors of the company held on Wednesday, through video conference ratified the decision of the resolution of the company’s US subsidiary Cigniti Inc to proceed with the filing of a lawsuit against its former employees Pradeep Govindasamy, Kalyana Rao […]
Hyderabad: Hyderabad-based Cigniti Technologies has informed the BSE that at the meeting of the Board of Directors of the company held on Wednesday, through video conference ratified the decision of the resolution of the company’s US subsidiary Cigniti Inc to proceed with the filing of a lawsuit against its former employees Pradeep Govindasamy, Kalyana Rao Konda, and a related entity QualiZeal Inc.
The claims include breach of contract, breach of fiduciary duty, tortious interference, statutory misappropriation of trade secrets, civil conspiracy, and fraudulent concealment.
The Board also authorised C V Subramanyam, chairman & managing director of the company to proceed against the relevant employees, members and entities who were involved and explore the possibility of filing legal claims in the courts.
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