DALLAS, June 15 /PRNewswire/ -- ...True (formerly TrueBegininngs) responded to subpoenas served to six of its employees by former employer Match by taking out full-page ads in the WSJ and Dallas Morning News. The ads feature a letter written by Herb Vest, founder and CEO of the company, to Barry Diller, Chairman and CEO of IAC, parent company of Match. ...Vest vows to defend his employees. ..."True reviewed the employees' agreements, and we firmly believe that we have we have not broken any rules by hiring them." ...claims by Match involve possible "breach of contract, breach of fiduciary duty, breach of duty of loyalty, unfair competition, misappropriation, disclosure of trade secrets, and torturous interference with contact or prospective business relations."
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True Responds to Subpoena From Rival Match
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Children, behave! :-)
Merav Knafo
Co-founder
LookBetterOnline.com
310.990.3092
Posted by: Merav Knafo | Jun 16, 2004 at 12:46 PM
A punch up, no less. Odds on who? Commendable that Herb is standing by his people. Match has just introduced more smart matching functionality. It's branding more heavily into True and eHarmony's ground and is obviously taking an aggressive stance. This is prime territory.
Posted by: Mark Brooks | Jun 16, 2004 at 05:23 PM