Natural Health Trends Corp. (BHIP) announced that it has filed a lawsuit against Terry LaCore, the Company's founder and a former director and executive officer. The lawsuit charges LaCore and his company, bHIP Global Inc., with numerous unlawful acts, including employee raiding, theft of confidential information and trade secrets, tortious interference and unfair competition.
Natural Health Trends also sought and obtained a temporary restraining order to immediately halt the unlawful use of its confidential information and interference with its contracts with employees, distributors and vendors pending further action of the court.
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