SunEdison Says Court Dismisses Lawsuit Filed By SunPower = QUick Facts

(RTTNews) - SunEdison, Inc. (SUNE) said that the Northern District of California has granted the company's motion to dismiss charges filed against the company by SunPower Corp. (SPWR), with leave to amend.

In June of this year, SunPower filed a lawsuit against SunEdison as well as certain SunEdison employees who previously worked for SunPower. Among other things, the complaint alleged that former employees violated the federal Computer Fraud and Abuse Act or CFAA by breaching SunPower's computer use policies and misappropriating SunPower's information.

SunEdison moved to dismiss the claims arising under the CFAA, SunPower's only basis for federal jurisdiction. The court granted the motion, ruling that SunPower failed to adequately plead a CFAA claim.