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Former Envia Systems execs drop their lawsuit

Last month, three of Envia’s top former executives filed a lawsuit alleging 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. Envia claimed it had created a rechargeable lithium-ion battery for the electric vehicle market and was awarded a $4 million grant from ARPA-E, the innovation arm of the Department of Energy. General Motors invested in the company with the hopes of licensing the technology.

Now the three former executives – Atul Kapadia, Hari Iyer and Rohit Arora – have dropped their suit “without prejudice,” with little explanation as to why.

“For a number of reasons: personal, professional, and case-related – we have decided to dismiss the case without prejudice and suspend pursuit of our claims,” said Atul Kapadia in an e-mail. “Without prejudice means we retain the option of re-filing at a later date. This was not a court ruling. It is being done at our behest.”
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