LA Startup TechForward Files Lawsuit Against Best Buy



By Michael Arrington, TechCrunch

“You don’t see total betrayals like this every day. But if the facts that TechForward are alleging in their lawsuit against Best Buy are true, this is some truly sleazy stuff.

TechForward says that the way they do the buybacks is important – price, exercise rates, etc. BestBuy allegedly held out the promise of a partnership and got TechForward to give them highly proprietary data under a confidentiality agreement.”

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