News Article
GT Solar to sue ARC Energy
GT Solar says that ARC and two of its employees have used trade secrets relating to GT Crystal Systems’ technology for manufacturing sapphire crystals, as a means of entering the sapphire crystallisation equipment business.
GT Solar International subsidiaries, GT Crystal Systems, LLC and GT Solar Hong Kong, Limited have filed a lawsuit in the Hillsborough County Superior Court (Southern District) in New Hampshire against Advanced RenewableEnergy Company, LLC (ARC).
The firms also plan to sue Kedar Gupta, ARC’s Chief Executive Officer and Chandra Khattak, an ARC employee, for the misappropriation of trade secrets relating to sapphire crystallisation processes and equipment.
The complaint alleges that ARC and the named individuals misappropriated trade secrets relating to GT Crystal Systems’ technology for manufacturing sapphire crystals, as a means of entering the sapphire crystallisation equipment business. The complaint further alleges civil conspiracy, unfair competition, breach of contract and interference with contractual relations.
“We have an obligation to our shareholders to be diligent about protecting our intellectual property,” said Hoil Kim, GT Solar’s General Counsel. “When we believe our intellectual property has been compromised, we will take the necessary action to protect our rights.”
