Credit: md3d/Adobe Stock'David and Goliath' Dispute Between Software Developers Ends in $24M Settlement
"It was evident from the start that PowerPlan’s actions were not about fair competition. Instead, it was about PowerPlan doing whatever it takes to put Lucasys out of business," Jason Alloy of the Robbins Firm in Atlanta said.
January 09, 2025 at 02:48 PM
4 minute read
A dispute between software providers that a district judge once called a "David and Goliath" case has reached a $24 million settlement, attorneys involved in the litigation announced this week.
Lucasys, a tax depreciation software developer in Cummings, Georgia, agreed to settle its claims against the Atlanta-based corporation PowerPlan on Jan. 1. The accord requires PowerPlan to compensate Lucasys $24 million and also says the defendants can't engage in any retaliation, retribution or discrimination against any PowerPlan customer for doing business with Lucasys.
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