UnitedHealth’s (UNH) Optum unit is suing former information technology executive David Smith for stealing trade secrets and taking them to a firm they consider a direct competitor — Amazon’s (AMZN) new health venture with Berkshire Hathaway (BRK.A) and J.P. Morgan (JPM), CNBC reports. The lawsuit, which was filed last week, maintains that Smith’s new position with the new venture “poses a direct threat to Optum’s trade secrets and other confidential information.”
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