Fitbit Slapped With Trade Secrets Suit Ahead Of IPO

By Y. Peter Kang (May 27, 2015, 10:19 PM EDT) -- Ahead of its initial public offering, Fitbit Inc. was hit with a lawsuit on Wednesday in California state court by rival Jawbone, which accused the maker of wearable fitness trackers of poaching employees and stealing trade secrets in order to "decimate" its competitor....

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