LexisNexis Risk and Information Analytics Group claims in a federal lawsuit that a former senior sales and marketing executive breached his noncompete agreement by taking a job as president and chief executive for a competitor.
The Boca Raton, Fla.-based data company is seeking permanent injunctive relief and punitive damages in U.S. District Court for the Southern District of Florida in West Palm Beach against former vice president of sales Paul Colangelo. The suit claims the violation of Colangelo’s confidentiality and noncompete agreement is causing harm to LexisNexis, including loss of profits and client relationships and diminution of its competitive position.
