Close X
Thursday, November 14, 2024
ADVT 
National

Railway Drama: CN Accuses Former Employee Of Taking Corporate Secrets To CP

The Canadian Press, 22 Sep, 2015 12:08 PM
    TORONTO — A lawsuit launched by Canadian National Railway alleges a former employee shared confidential client information with rival Canadian Pacific, which then wooed business away in a made-in-Canada corporate espionage scheme.
     
    CN's suit claims it lost rail freight business and market share after employee Greg Shnerer quit to join CP, and took along with him information that included customer contracts, pricing information and business plans.
     
    None of the allegations have been proven in court.
     
    Montreal-based CN (TSX:CNR) is seeking an order that would stop CP and its employees from using the information to drum up business from any of the clients involved, as well as $2 million in damages.
     
    The clients were not named in the lawsuit. Canadian Pacific (TSX:CP) has yet to file a statement of defence.
     
    The two companies control most of the country's rail freight business.
     
    In its statement of claim, CN alleges that a CP manager encouraged Shnerer to download confidential information from CN's electronic databases in June, while he was still employed there. The manager, Derek Ackford, also worked at CN until a year ago, and is now believed to be Shnerer's supervisor at CP, according the lawsuit.
     
    "Shnerer acted in collaboration with Ackford to injure CN through unlawful means," the statement of claim alleges.

    MORE National ARTICLES

    Federal Leaders Prepare For Calgary Debate On Economy

    Federal Leaders Prepare For Calgary Debate On Economy
    Stephen Harper's rivals were busy defending the costs of their campaign promises on Wednesday, trying to bulletproof their platforms in advance of a leaders debate on the economy.

    Federal Leaders Prepare For Calgary Debate On Economy

    Second-Degree Murder Trial Of Dennis Oland Opens In New Brunswick

    Second-Degree Murder Trial Of Dennis Oland Opens In New Brunswick
    The Crown attorney has told the jury at Dennis Oland's murder trial that Oland's father, Richard, died after suffering 40 blows to the head and neck.

    Second-Degree Murder Trial Of Dennis Oland Opens In New Brunswick

    Seafarers Union Expands Court Fight Over Temporary Foreign Workers Program

    Seafarers Union Expands Court Fight Over Temporary Foreign Workers Program
    The union representing civilian sailors is expanding its legal fight over the temporary foreign workers program, naming two federal cabinet ministers in two additional lawsuits filed in the Federal Court.

    Seafarers Union Expands Court Fight Over Temporary Foreign Workers Program

    Hydrophones In B.C. River To Monitor Ship Noise In Effort To Help Whales

    Hydrophones In B.C. River To Monitor Ship Noise In Effort To Help Whales
    New hydrophones installed in 170 metres of water just off the mouth of British Columbia's Fraser River are expected to help researchers understand how shipping noise affects at-risk whales, says a project spokesman.

    Hydrophones In B.C. River To Monitor Ship Noise In Effort To Help Whales

    Hailey Dunbar-Blanchette's Remains Found, RCMP Charge Derek James Saretzky With First-Degree Murder

    Hailey Dunbar-Blanchette's Remains Found, RCMP Charge Derek James Saretzky With First-Degree Murder
    RCMP charge Derek James Saretzky, 22, with first-degree murder in the homicides of Terry Blanchette and Hailey Dunbar-Blanchette. Saretzky

    Hailey Dunbar-Blanchette's Remains Found, RCMP Charge Derek James Saretzky With First-Degree Murder

    Search For Missing Climber In Yoho National Park Is Now A Recovery Effort: Staff

      The 19-year-old man from Calgary is believed to have been swept over Twin Falls while climbing along the waterway in the park.

    Search For Missing Climber In Yoho National Park Is Now A Recovery Effort: Staff