The company that developed a self-driving car technology and the driverless car company that is building the self-drive technology for that technology are now in dispute.
Optimization, the company that built the car technology, and the company building the autonomous vehicle technology are competing to see who can build the best self-parking technology for autonomous vehicles.
Now the companies have been embroiled in a fight over the future of their businesses and a lawsuit is under way over the conflict of interest.
In a lawsuit filed Wednesday, OptimizeLY claims the self driving car company is misappropriating its intellectual property.
The lawsuit was filed by a group of investors who say they own a stake in the self drive technology company.
A statement from the group says that they are trying to recover their investment and the value of their stake in OptimizeLY.
The group says the suit is filed in response to “a variety of allegations made by the company and others that the company has illegally and/or unfairly exploited or is improperly engaged in the use of the Optimize LY intellectual property, including claims of patent infringement, unfair competition, unfair trade practices, breach of contract, breach and/and breach of fiduciary duty, and unjust enrichment.”
The group also says that the lawsuit is in retaliation for “unfair competition” and a breach of a fiduciate duty.
The suit claims that the self drivers car technology was developed by OptimizeLLY and that the group was a co-developer with the company.
The company says it developed the self drives technology and then sold it to OptimateLLY.
“The Complaint alleges that the Complaint, as well as the Initial Postponement and Postpone Order, are invalid, have no merit, and are intended to be used as an enforcement mechanism to prevent future misconduct, and is therefore void and unenforceable,” the company said in a statement.
The complaint says that it’s a “false, malicious, and vexatious” attack against the group.
It alleges that, “The allegations in the Complaints are entirely without merit, are devoid of merit, have not been proven and are without merit in the courts of California, and should not have been used to bring any action in the first place.”
It adds that the complaint is based on the “unfounded claims of unfair competition” as well.
OptimizeLSY said it’s confident the lawsuit will be resolved in the court of law.
“We will vigorously defend against the allegations and we remain confident in our position that the allegations are completely without merit and that our company and its investors own a significant stake in our technology,” the group said.
“OptimizeLSY and the group that filed the Complainant’s complaint are not affiliated with or under the control of Optimize, and we are not in business with the Complants.”