By Jonathan Stempel NEW YORK (Reuters) - Sigma Lithium, which produces metal used in electric vehicle batteries, has sued a former co-chief executive ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Jonathan Stempel
The complaint was filed on Monday in federal court in Manhattan against Calvyn Gardner, who until January was Sigma's co-CEO with Ana Cabral-Gardner, who he is divorcing and who remains CEO. Luisa Valim, Gardner's daughter-in-law, is also a defendant. Sigma is based in Vancouver, British Columbia, but operates mainly in Brazil, and had a market value of about C$5.07 billion on Monday.
According to Sigma, Valim hatched a scheme to steal proprietary information"for leverage and revenge" and to gain more favor with her father-in-law, after learning he might not be legally entitled to half the marital assets in the divorce.
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