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  1. #1
    VANCOUVER, British Columbia (Reuters) - Nortel Networks Corp.'s (NT.TO:
    Quote) (NT.N: Quote) incoming president and chief executive, Mike
    Zafirovski, has been sued by Motorola Inc. (MOT.N: Quote), his former
    employer, the companies said on Wednesday.

    The lawsuit, which does not name Nortel as a defendant, alleges
    Zafirovski broke agreements by accepting the top position with Nortel
    and that his new role will inevitably result in the disclosure of
    Motorola's trade secrets.

    Brampton, Ontario-based Nortel, which was the first to announce
    Motorola's action, also said the lawsuit, filed in Illinois, sought an
    injunction to prevent Zafirovski from working for the telecoms giant
    for two years, and from soliciting or hiring Motorola employees.

    "Nortel and Zafirovski are currently reviewing the lawsuit and intend
    to pursue discussions with Motorola with a view to resolving the
    dispute over Zafirovski's appointment," Nortel said in a statement.

    Jennifer Weyrauch, a spokeswoman for Schaumburg, Illinois-based
    Motorola, confirmed the company had gone to court.

    "We take these matters seriously and we will do what's necessary to
    protect Motorola." Weyrauch told Reuters.

    Zafirovski was named on Monday to replace Bill Owens, who led Nortel
    for about 18 months after it emerged from a long-running accounting
    scandal that tarnished its reputation, felled its share price and
    forced it to fire several top executives.

    Zafirovski, 51, is scheduled to assume his new duties with Nortel on
    November 15. Analysts have praised the appointment.

    He was president and chief operating officer of Motorola from 2002
    until January, was credited with turning around the No. 2 maker of
    mobile handsets' mainstay business.



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    See More: Moforola wants ex-employees to stay unemployed




  2. #2

    Re: Moforola wants ex-employees to stay unemployed


    [email protected] wrote:
    > VANCOUVER, British Columbia (Reuters) - Nortel Networks Corp.'s
    > incoming president and chief executive, Mike
    > Zafirovski, has been sued by Motorola Inc. , his former
    > employer, the companies said on Wednesday.
    >
    > The lawsuit, which does not name Nortel as a defendant, alleges
    > Zafirovski broke agreements by accepting the top position with Nortel
    > and that his new role will inevitably result in the disclosure of
    > Motorola's trade secrets.
    >


    The hostage has paid the ransom demand, JG:

    "Motorola Inc. will drop its attempt to oust its former president from
    the top job at rival Nortel Networks Corp., but Nortel will effectively
    pony up $11.5 million for the right to employ Mike Zafirovski.
    Zafirovoski was named Nortel's chief executive last month. But Motorola
    sued Zafirovski, claiming he violated a non-compete agreement and posed
    a threat to steal trade secrets.

    Monday, Schaumburg-based Motorola announced it had settled its suit in
    Cook County Circuit Court, and that Zafirovski will pay back $11.5
    million to the company. Nortel, in turn, said it would reimburse
    Zafirovski for that amount.
    The settlement, which several legal observers expected, also puts some
    restrictions on Zafirovski's dealings with Motorola-related matters."




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