- Fitbit (NYSE:FIT), on the verge of its (up to $100M) IPO, has been accused by archrival Jawbone of "systematically plundering" employees and confidential information, costing the latter "hundreds of millions of dollars."
- The case is Fitbit's latest legal challenge after a large number of consumers filed lawsuits against it last year relating to the recall of its Force wristband, which caused skin irritation to some customers.