Court issues permanent injunction in Advanced Energy case
DENVER — Advanced Energy Industries Inc. (Nasdaq: AEIS) has received a permanent injunction against a former employee who it alleged in a lawsuit had stolen trade secrets and intended to use them in publications.
The case was filed against Yuri Trachuk, whose employment was terminated Oct. 7, 2022. The company alleged that he downloaded as many as 2,000 documents that included trade secrets and other restricted information.
The court determined that Advanced Energy would sustain irreparable harm if Trachuk was not enjoined from his use of the material. “The threatened injury outweighs the harm to the opposing party,” the court ruled.
“The…
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