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Fremont Argus : Lawsuit alleges that battery startup Envia Systems was founded using stolen intellectual property; Envia denies it

Envia Systems, a battery startup based in the East Bay city of Newark, made a big splash in early 2012 when it claimed it had achieved a milestone: a rechargeable lithium-ion battery with the highest “energy density” ever recorded. The company had been awarded a $4 million grant from ARPA-E, the innovation arm of the Department of Energy, and General Motors invested in the company with the hopes of licensing the technology.

Now, in an explosive and highly detailed lawsuit, three of Envia’s top former executives allege that Sujeet Kumar, the company’s co-founder and chief technology officer, created the company using intellectual property that he stole outright from Santa Clara-based NanoeXa, his previous employer.

The 52-page complaint further alleges that when the three executives raised alarms about Kumar’s ethical conduct and about how Envia’s batteries were performing, Kumar retaliated against them and worked with the company’s board of directors to orchestrate the trio’s ouster.

More http://m.theargusonline.com/theargusonline/db_299214/contentdetail.htm?contentguid=zdyBVVd7

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