Telestream vs. Encoding.com Lawsuit Goes Public with Reputations at Stake

Telestream, the veteran digital video software and workflow tech provider, is fighting a lawsuit brought by two former employees which may have salutary lessons for company owners planning a sale to private equity. The suit, brought by Greggory Heil and Jeffrey Malkin, co-founders of?Encoding.com, against?Telestream?claims Unpaid acquisition consideration, wrongful termination, fraudulent transfer, and successor liability.