Payment processing giants CCBill and Paycom have settled their lawsuit over Paycom’s hiring of former CCBill employees Patrick Curran and David Solanic.
Terms of the settlement were not disclosed, although Paycom Chief Executive Officer Joel Hall confirmed his company paid CCBill in order to free Curran and Solanic from the non-compete agreements they signed with CCBill.
“We’re glad to have it behind us and return to focus on competing in the marketplace rather than the courtroom,” Hall said. “It was a distraction, and we prefer to focus on providing value for our clients.”
Curran and Solanic left CCBill for Paycom in July. CCBill filed a lawsuit on July 27, alleging that Curran, formerly its vice president of human resources, accepted a position at Paycom in violation of his employment contract with CCBill. The suit also claimed Paycom was aware of Curran’s employment agreement and a confidential disclosure agreement he signed with CCBill in 2001. As part of that agreement, Curran was not to work for a competitor for two years after his employment with CCBill ended.
CCBill declined a request for comment.
