Identiv (INVE) just unveiled an announcement.
Identiv, Inc. has launched several legal actions in Europe against Tageos SAS, accusing the latter of anti-competitive behavior, particularly the misappropriation of Identiv’s trade secrets and confidential data. The dispute, which includes a scheduled hearing in Munich, comes after Identiv’s discovery in February 2024 that Tageos held unauthorized sensitive information. The outcome of these proceedings is uncertain and forward-looking statements indicate they’re based on current management expectations, subject to change due to various factors.
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