Ferguson announces favorable settlement agreement with Lockwood International, Inc. (Lockwood) and several former employees

Ferguson announces favorable settlement agreement with Lockwood International, Inc. (Lockwood) and several former employees

Lockwood and certain former Ferguson employees settled legal proceedings

Corporate News

Ferguson announced it has reached a settlement agreement with Lockwood International, Inc. (“Lockwood”) and several former Ferguson employees.

Under the terms of the settlement, Lockwood and certain former Ferguson employees settled legal proceedings brought by Ferguson and agreed to significant obligations and non-solicitation restrictions, as well as a multi-million dollar payment to Ferguson.

Lockwood and the former employees also agreed to return or destroy all confidential information and material improperly taken from Ferguson. A forensic examiner will also wipe from Lockwood's computer systems any Ferguson information obtained from the former Ferguson employees.

workers talking

Contacts

Accredited media working on a story about Ferguson may contact Ferguson’s public relations team for interview and photo requests, or for additional information related to editorial opportunities.
Peggy Hall Williams Public Relations Manager, Ferguson
Christine Dwyer Director of Communications and Public Relations, Ferguson