Crocs and Rival Joybees Clash in U.S. Court Over Trade Secrets, Intellectual Property

Footwear makers Crocs and rival Joybees have filed competing claims against each other in a U.S. court, as the companies clash over corporate trade secrets, intellectual property and competition in the foam clog market.

Crocs sued Joybees in a federal court in Colorado on Thursday, expanding on a separate lawsuit that the Colorado-based company filed in 2021. Similarly, Joybees files same claims in the same court a day before.

In the new lawsuit, Crocs alleges that Joybees and their CEO Kellen McCarvel of stealing trade secrets and unfair competition. 

Read the source article at Fox Business