Out-Law / Your Daily Need-To-Know

Monster.com, the on-line recruitment leader, and its parent company TMP Worldwide, have agreed to drop lawsuits against its former president who started rival company WOWemployers, the company itself, and 18 employees, all formerly of Monster.com. The lawsuits alleged improper competition and theft of trade secrets.

WOWemployers said in a statement that Monster.com found “absolutely no evidence to substantiate any of the suits and admitted no wrongdoing” by WOWemployers, its President and founder, William Warren, or the 18 employees.

Monster.com also agreed to pay all of WOWemployers' legal fees that the company incurred as a result of what the company calls “malicious suits”. Monster.com has also agreed “not to make any further statements regarding WOWemployers that are false and defamatory.”

In the lawsuits, filed on 6th March, 2001 in Marion Superior Court in Indiana, Monster.com claimed that Mr. Warren and 18 previous employees conspired to leave the company and take trade secrets with them. The lawsuits also alleged that Mr. Warren and the 18 former employees conspired to steal confidential marketing data, customer contact lists and other company information.

Mr. Warren said, “the fact Monster.com has agreed to pay all of our legal fees is very telling and means to us they acknowledge these were, indeed, frivolous lawsuits; and they were threatened by our revolutionary technology and overall plans.“

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