Acer sues former CEO Gianfranco Lanci for joining Lenovo

Acer has sued former CEO and President Gianfranco Lanci for allegedly breaching a contract signed during his departure last year. Filed in Lanci's native Italy, the suit highlights a non-compete clause that barred Lanci from joining rival firms for 12 months -- a measure commonly taken when high-profile employees resign or otherwise exit a company.
Lanci purportedly violated that pact by joining Lenovo as a consultant last September, only six or seven months after striking the agreement (the contract was reportedly signed in February but Lanci left in March). Lanci's relationship with Lenovo expanded in January when the Chinese PC maker named him as the head of its new Europe, Middle East an... »read more

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