The plaintiff, a music festival producer, claimed that the defendant, the organizers of a competing festival, misappropriated trade secrets such as customer lists, leases, and contracts with providers. Defendant contacted providers and told them it would be putting on the plaintiff’s annual music festival under new management, when in fact the festival had no relation to the plaintiff. The defendant obtained contracts in excess of $60,000.
The case was conditionally settled on April 13, 2011. The matter is stayed pending completion of the settlement agreement.