05:47:09 EDT Sat 26 Sep 2020
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or Name

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Greenpower Motor Company Inc
Symbol GPV
Shares Issued 109,519,751
Close 2020-08-07 C$ 1.47
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Greenpower sued for misusing confidential data

2020-08-07 20:14 ET - Street Wire

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by Mike Caswell

Greenpower Motor Company Inc. is facing a lawsuit in the Supreme Court of British Columbia from a private entity that claims Greenpower is improperly using confidential information in its production of buses. Greenpower has used that information for years, without permission, the suit claims. The suit seeks court orders that would keep the company from using that data.

The allegations are contained in a notice of claim filed at the Vancouver courthouse on July 28, 2020. The suit was brought by 42 Design Works Inc., a private Victoria-area entity controlled by David Oldridge, who is the brother of Greenpower's former chief executive officer. Mr. Oldridge claims that he has 30 years of experience designing vehicles and has worked as a consultant for several vehicle manufacturers.

The events at issue, as set out in the suit, go back to 2013, when Mr. Oldridge created the designs for three prototype buses. He says that he released the data to a private predecessor of Greenpower, on the condition that the designs would remain secret. The company was not to use the information for any products, and would be liable for any improper disclosure of the data, the suit claims.

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