By Julia Karow
This story was originally published March 3.
A month after suing Pacific Biosciences and several former employees for unlawfully recruiting its workers and disclosing confidential information, Affymetrix dropped the suit in December.
According to a document filed with the Santa Clara County Superior Court of California, Affymetrix asked the court to dismiss the lawsuit on Dec. 2, 2010. The company provided no explanation in the filing for why it decided to drop the action.
Rick Runkel, Affy's chief legal counsel and executive vice president, said in a statement that the company had settled its claims against PacBio but declined to comment on the terms of the settlement.
A spokesperson for PacBio told In Sequence that "the matter was resolved by mutual agreement, and involved no financial terms."
Affy filed the suit in early November of last year (IS 11/9/2010), claiming that several former employees that joined PacBio as early as 2009 had violated an agreement with Affy not to recruit other Affymetrix staff for one year after leaving the firm. The suit also alleged that PacBio and the former employees induced other Affy workers to disclose confidential information about the company.
In a filing with the Securities and Exchange Commission last November, PacBio said it believed the complaint "is entirely without merit" and intended to "vigorously" defend itself against Affymetrix' claims. PacBio further noted at the time that it had not been served with a copy of the complaint as of Nov. 29, 2010.
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