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BRIEF-Extended Stay America resolves lawsuit over trade secrets with competitors

June 12 Extended Stay America Inc

* Extended Stay America says has resolved lawsuit it brought last fall against a competitors over "alleged misappropriation of confidential trade secrets"

* Extended Stay America - defendants to pay co $1.2 million in damages, costs, including requirement for ruby repay to co part of severance payment from co

* Extended Stay America Inc - defendants have also agreed to an injunction that requires "destruction or return" of all of ESA's confidential information

* Extended Stay America Inc - defendants have also agreed to an injunction that prohibits future use of any ESA confidential information Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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