Steel fabricator PCS asks court to enforce non-compete deal with former exec
Dec 07, 2009 | 10:03 AM
| Corinna Petry
Structural and reinforcing steel fabricator Pacific Coast Steel (PCS) has filed a motion for a preliminary injunction to enforce fired executive Todd Leany's employment and non-competition agreements.
These agreements prohibit Leany from using proprietary and confidential information to the detriment of the San Diego-based company, 84-percent owned by Gerdau Ameristeel Corp., and prevent him from engaging in endeavors to compete with PCS for the time remaining under the agreements.
Leany was fired Nov. 3 after the company learned he held considerable or majority ownership in two steel fabrication companies that competed directly with PCS, which violated the contract terms and terms of an asset purchase agreement that brought several of Leany's unrelated companies under PCS' ownership. He allegedly failed to inform the company that he was operating competing businesses.....
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