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Technology firm settles claim

Posted: October 24, 2013 2:00 a.m.
Updated: October 24, 2013 2:00 a.m.
 

Nexus IS Inc. settled a lawsuit brought against the Valencia-based company in 2008 by Technology Integration Group of San Diego.

Technology Integration sued Nexus after several of its employees left and joined Nexus.

Nexus believed that the time spent in the court system would have taken the focus away from its core operations in delivering service to customers.

The company said in a statement that it attracts top talent in the industry due to its position as a market leader.

Nexus said in the statement that it’s insurer “decided to fund a settlement rather than continue with the litigation due to the mounting costs of the litigation and the potential that the matter would be tied up in the courts for years.”

 

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