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Triton alleges its data used to form rival ATM company
LONG BEACH, Miss. (4/16/08)--ATM manufacturer Triton Systems of Delaware Inc. has filed a lawsuit against Global Cash Services and six former Triton employees alleging they misappropriated data to start a competing firm. The lawsuit was filed Feb. 14 in Harrison County (Miss.) Chancery Court for the First Judicial District in Gulfport, Miss. A hearing is scheduled for May 13-15 (ATMmarketplace.com April 15 and ATM&Debit News April 10)). The suit says former Triton president/CEO Brian J. Kett and five other senior executives organized Global Cash Services LLC, a Nevada limited-liability company, and in doing so violated non-compete and confidentiality agreements with Triton (ATM&Debit News April 10). According to the lawsuit filed, Global Cash formed an alliance with China-based GRG Banking Co. Ltd., to manufacture ATMs for Global Cash. Global Cash would compete against Triton in North America and several other countries, said the lawsuit. The suit asked the court to stop the former Triton executives from doing business competing and is seeking undisclosed damages. Triton is a division of Dover Corp., based in New York.


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