December 19, 2022

Advanced Energy sues former employee over trade secrets

FORT COLLINS and DENVER — Advanced Energy Industries Inc. has filed suit against a former employee and alleged that the former worker, a Fort Collins resident, downloaded trade secrets prior to his termination Oct. 7.

AE sued Yuri P. Trachuk, who the company alleged left employment with at least 2,000 documents that he downloaded to three portable hard drives or sent from AE to his personal email address.

The company is seeking an injunction against Trachuk to prevent his use of the documents and trade secrets, along with damages to be determined at trial.

Trachuk, the lawsuit said, admitted taking the documents but…

Related Posts

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...