WAL-MART’S COMPANY-SECRETS SUIT

Apr 12th, 1999 • Posted in: Whatever Happened To

SEATTLE
Retailing giant Wal-Mart last week agreed to drop its lawsuit charging Internet upstart Amazon.com with stealing Wal-Mart’s executives and trade secrets.

Under terms of the agreement, Amazon.com will reassign most of its former Wal-Mart employees to nonparallel positions and return some “old papers” brought to Amazon.com by former Wal-Mart workers.

Amazon.com was not required to admit any wrongdoing, and may retain the services of its chief information officer, former Wal-Mart executive Richard Dalzell, according to the Reuters news agency.

Wal-Mart had charged Amazon.com with stealing “thousands of Wal-Mart confidential documents,” brought to the company by Dalzell, according to the Associated Press.

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