Veeva Systems Inc., a target of lawsuits over hiring away employees from rivals in life sciences cloud computing, is now trying to turn the tables.In announcing its suit against three companies that have sought court orders to block ex-employees from joining Veeva or allegedly threatened litigation — Medidata Solutions Inc., Quintiles IMS Inc. and Sparta Systems Inc. — Veeva said it’s taking a stand to end a practice it views as anticompetitive.“Employees should have the right to move freely between jobs, advance their careers and improve their lives without fear of being sued by their former employers,” Veeva CEO Peter Gassner said in a statement.Medidata, based in New York City, said it supports and respects the rights of workers to build their careers, but it sued Veeva in January over the defection of five employees, challenging the Pleasanton company’s “illegal targeting and unfair use of our trade secrets.”Typically, a noncompete agreement — which many job candidates in the tech world have to sign as a condition of employment — bars them from working on rival products for a set period of time, say a year, after leaving their current employer.Supporters say they help protect trade secrets and other confidential information and prevent rapid turnover at companies that have made big investments to train employees.
NYS Entity Status
NYS Filing Date
JUNE 19, 2014
NYS DOS ID#
NYS Entity Type
FOREIGN BUSINESS CORPORATION
2014 - ELATION SYSTEMS, INC.
AROUND THE WEB
- Veeva Systems lawsuit challenges noncompete agreements
By Peter Blumberg and Sarah McBride - Tuesday Jul 18, 2017
- Common Sense: Feel Good About the Markets? Maybe You Shouldn’t Read This
By JAMES B. STEWART - Thursday Jun 29, 2017
President Trump has taken credit for a surging market this year. But tech stocks, the Fed and the president himself could change that picture.
- Food & Wine Magazine Will Leave New York for Alabama
By STEPHANIE STROM - Friday Jun 23, 2017
The move reflects a changing business in which traditional food magazines, and a Manhattan address, are less important.
- MTV Mines the Past for Its Future: ‘Total Request Live’
By JOHN KOBLIN - Sunday Jul 30, 2017
Remember the “TRL” studio and crowds in Times Square? Music? Carson Daly? MTV hopes you do, and will tune in again.
- 19th-Century Diary Suggests Slaves Are Buried in Brooklyn Lot
By MICHAEL WILSON - Friday Aug 4, 2017
A Gowanus farmer’s writings from 1828 to 1830 describe burying them on property that includes the proposed site of a prekindergarten.
- At Walmart Academy, Training Better Managers. But With a Better Future?
By MICHAEL CORKERY - Tuesday Aug 8, 2017
A new program for store supervisors and department managers may make them better employees but may not help them reach the middle class.