New Mexico — Array Technologies and Nextracker LLC, Daniel S. Shugar, Marco Garcia, Flextronics International U.S.A., Inc., Scott Graybeal and Colin Mitchell entered into a monetary settlement agreement that resolves an Array filed lawsuit from 2017.
Array’s claims in the lawsuit included misappropriation of Array’s trade secrets, tortious interference of contract, and breach of contract.
The trial was set to begin on Monday, July 18, 2022.
Nextracker acknowledges that an Array employee was hired in violation of his non-compete agreement, certain Array confidential information was improperly obtained, and Nextracker’s behaviour was wrongful.
The parties say they are pleased to conclude the matter and look forward to continuing their shared missions of mainstreaming clean energy worldwide.
As part of the settlement, the parties agreed to treat the settlement terms as confidential except to the extent required or necessitated by law, regulation, or the corporate parties’ shareholder disclosure standards.