HMI Announces Lawsuit Against Former CEO and Elevation Microsystems, Inc.
HMI has filed a lawsuit in the Superior Court of California, County of Santa Clara, against former CEO and board member David Nam, his company, Elevation Microsystems, Inc., and other former employees and related entities.
The complaint, Case No. 25CV463582, alleges that Mr. Nam, his company, and his co-conspirators breached their fiduciary duties, took company property, and misappropriated HMI’s trade secrets. HMI is seeking various forms of relief in the lawsuit, including a preliminary injunction to prevent ongoing harm to the company. The company remains dedicated to upholding its corporate values and ensuring its competitive position in the marketplace.
Further information, including publicly available case documents, can be found on the Superior Court of California, County of Santa Clara, Case Information Portal at https://portal.scscourt.org/.
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HMI specializes in cutting-edge advanced analog and mixed-signal integrated circuits, providing ultra-fast battery charging, robust safety protection solutions, and high-efficiency power DC-DC converters across diverse sectors such as mobile, IoT, automotive, and industrial applications. Explore further at www.hmisemi.com.