A lawsuit filed by a database service company against its founder appears to be winding down as the firm faces questions about its own survival.
Econometrics Inc. filed suit against its founder and former chairman Robert McGuire last January, alleging that he copied confidential customer files and violated a noncompete agreement. Sources said Econometrics is not an active company, and that the suit is moribund. However, the firm filed a default motion in federal court last month.
Rick Trenkmann, who reportedly serves as acting CEO of Econometrics, declined to comment or to discuss his role with the company. McGuire failed to return phone calls, as did attorneys for both sides in the dispute.
McGuire continues to own a minority interest in Chicago-based Econometrics, according to court papers.
The suit alleges that McGuire launched a competitive company, LogicLink, in 2001, then formed a joint venture with Cobalt Group Inc. and Acxiom Corp. The purpose was to provide
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