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Re: derek poloncic post# 62102

Friday, 02/02/2018 3:59:05 PM

Friday, February 02, 2018 3:59:05 PM

Post# of 63559
Not necessarily criminal in my opinion, but civil (again in my opinion).

He was setting up a company to compete with Sunworks while still at Sunworks. As soon as this information came to light (thanks to jwalking who first posted it here), his name was removed from the management page within days and now he seems to be out all together.

He was doing this while he was still a member of the board of directors, and this is a BLATANT violation of his duty to shareholders. This is where shareholders could probably sue him (if they could find a lawyer to take on a case of this size).

Not to mention a massive conflict of interest (it would be in his best interest to move clients from Sunworks to his new business, which he could more easily do while in a top management position at Sunworks).

It's also a direct violation of his employment agreement, which also covers a period of time after he leaves the company. Not sure if he never read his own contract, or if he just doesn't care. (And this is where the company could sue him)