Fisker quietly settled trade secret spat with VW-backed battery company

Fisker Inc. quietly settled a previously unreported trade secret lawsuit with Volkswagen-backed solid-state battery company QuantumScape last July, The Verge has learned. The suit, filed in April 2019 in Santa Clara Superior Court, was centered on a former QuantumScape employee who brought thousands of confidential documents with her to a new job at Fisker Inc. in late 2018 and early 2019.

While the lawsuit played out, Fisker Inc. locked away those documents and the work done by the employee, and even “quarantined” battery cells made while she worked there, though it ultimately argued the information was public domain. As part of the settlement, Fisker Inc. ultimately agreed to delete or destroy the documents the employee brought with her. Fisker Inc. recently disclosed in a filing with the Securities and Exchange Commission that it agreed to pay $750,000 in cash to settle claims of trade secret misappropriation in July 2020, though it did not name QuantumScape.

Exit mobile version