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IR files suit against former CEO

Posted: 21 Jan 2009     Print Version  Bookmark and Share

Keywords:Power semiconductor  irregularities  intellectual property  power devices 

Power semiconductor vendor International Rectifier Corp. (IR) has sued Alex Lidow, its former CEO, who is also the son of the company's founder Eric Lidow.

The case was filed Sept. 8 in the California Central District Court, Los Angeles office, according to the Justia website, which lists Federal district court filings and dockets.

Alex Lidow resigned from the position of CEO in October 2007 after accounting irregularities had been discovered the previous April. These accounting irregularities include premature revenue recognition of product sales at a foreign subsidiary and other issues, IR admitted at the time.

According to the calendar of the presiding judge, Manuel Real, Lidow is now affiliated to Efficient Power Conversion Corp. and elsewhere on the Internet he is listed as that company's CEO.

According to the Los Angeles Business Journal the court case alleges Alex Lidow has stolen intellectual property related to gallium nitride power devices. This is something that Lidow and his company deny, according to the account.

At about the same time IR filed suit against Alex Lidow, the company announced it had started making prototype devices using a proprietary gallium nitride based power device technology platform that it has been developing over the past five years and which it claimed will drive a major breakthrough in power conversion.

A number of established and start-up companies are also basing future business on the idea that gallium nitride power devices are more efficient than silicon and will be demanded for more efficient power supplies, power distribution and automotive systems.

-Peter Clarke
EE Times Europe





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