According to Bloomberg, Mohammad Moniruzzaman, who previously worked for Valeo, caused serious consequences during a meeting between Nvidia and his former company.
During a conference call with Valeo staff, Moniruzzaman shared his screen. The controversy erupted when Valeo claimed that Moniruzzaman accidentally showed a folder called “ValeoDocs” containing documents taken from the company. Valeo claims that Moniruzzaman took gigabytes of data in 2021 while working for them in Germany, before moving to Nvidia that same year. The company accuses him of stealing critical source code for their steering and parking software, an area in which Nvidia is also actively developing.
Valeo said it immediately realized Moniruzzaman had stolen the documents via screen sharing and took screenshots before minimizing the application window. The employee was convicted by German authorities in September 2023 of illegally retaining data. He pleaded guilty and confirmed that he used software stolen from Valeo while working at Nvidia.
That led Valeo to sue Nvidia, claiming the company benefited financially from its stolen trade secrets. The complaint alleges Nvidia saved hundreds of millions of dollars in development costs and generated profits it did not properly earn.
Nvidia lawsuit stems from employee stealing source code from former company
As part of the complaint, Valeo also included a letter it received from Nvidia in June 2022. In the letter, lawyers representing Nvidia said Mr. Monizruzzaman’s actions were completely unknown to the company until May 2022, when he disclosed that he was under investigation. According to the letter, Mr. Monizruzzaman told Nvidia that the code was stored only locally on his laptop, so it was not accessible to anyone at the company.
“Nvidia has no interest in Valeo’s source code or its alleged trade secrets and has taken prompt, concrete steps to protect its customers’ asserted rights,” the letter said, adding that the company has cooperated fully.
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