You may recall that in December, Nike filed a $10 million lawsuit against three of its former senior shoe designers, accusing them of stealing its trade secrets and joining rival, Adidas. Specifically, the Oregon-based sportswear giant alleged that former Nike employees, Denis Dekovic, Marc Dolce and Mark Miner violated their non-compete agreements by stealing years worth of trade secret information (think: confidential design and business documents, including drawings for unreleased shoes made for one of Nike’s sponsored athletes) and taking that info to Adidas where they are setting up a copycat of Nike's design studio.
To this, the three designer filed claims against Nike, accusing the company of creating a "culture of distrust and intimidation" which caused them to seek employment elsewhere; hacking their phones, emails and social media accounts; and filing this "meritless" lawsuit purely as a "publicity stunt." Well, as of late last week, the case was settled out of court.
According to a statement released by the designers’ counsel, "The case was resolved through a confidential settlement.” The settlement comes on the eve of a June 10th deposition of Nike chief executive Mark Parker, which Nike’s counsel fought, contending that the request amounted to harassment. The parties were also scheduled to head to trial on the near future, on June 22nd through the 26th. A spokeswoman for Adidas said the company would not comment. No word yet on whether Dekovic, Dolce and Miner will continue to work for Adidas.