Jawbone Is Suing Rival Fitness Tracker Fitbit

Jawbone Is Suing Rival Fitness Tracker Fitbit
A man wears an UP fitness wristband in Washington on July 16, 2013. Jawbone, the San Francisco-based company behind 'smart' wireless earpieces and Jambox speakers, late last year released redesigned UP wristbands that combine fashion with smartphone lifestyles to help people along paths to improved fitness. UP wristbands are priced at $129 in the United States. UP applications tailored for Apple or Android mobile devices collect data from the bands to let people get pictures of activity, sleep, eating, and even moods on any given day or over time. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)
A man wears an UP fitness wristband in Washington on July 16, 2013. Jawbone, the San Francisco-based company behind 'smart' wireless earpieces and Jambox speakers, late last year released redesigned UP wristbands that combine fashion with smartphone lifestyles to help people along paths to improved fitness. UP wristbands are priced at $129 in the United States. UP applications tailored for Apple or Android mobile devices collect data from the bands to let people get pictures of activity, sleep, eating, and even moods on any given day or over time. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)

SAN FRANCISCO (Reuters) - Wearable fitness tracking device maker Fitbit Inc is being accused by rival Jawbone of attempting to steal core confidential data about Jawbone's business, according to a lawsuit filed on Wednesday.

The lawsuit, filed in San Francisco Superior Court, alleges Fitbit engaged in a clandestine effort to steal talent, trade secrets and intellectual property. A number of recently departed employees used USB thumb drives and other tactics to take information about Jawbone's supply chain, gross margins, product lineup and market predictions, the lawsuit said.

Fitbit, which makes both wristbands and clippable devices that monitor a user's fitness activity, filed for an initial public offering earlier this month. The company's revenue almost tripled to $745.4 million in 2014 and it posted a profit of $131.8 million.

Fitbit representatives could not immediately be reached for comment.

Jawbone, which also makes fitness tracking devices, is seeking unspecified compensatory and punitive damages, along with an order prohibiting former Jawbone employees from disclosing additional trade secrets.

The lawsuit was reported earlier by the New York Times.

(Reporting by Dan Levine in San Francisco and Sai Sachin R in Bengaluru; Editing by Maju Samuel and Jonathan Oatis)

Popular in the Community

Close

What's Hot