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by Ocado over allegations that Faiman had colluded with Jon Hilary, then a senior Ocado employee, to steal confidential information from Ocado in order to launch T0DAY. In June 2021, the case was settled following an admission of wrongdoing by the pair and Faiman making a "significant payment" to Ocado. Ocado said it had recovered the confidential information and the
161:
documents and blueprints for an automated warehouse. Following the search, Faiman and
Hillary admitted to working together and using information about Ocado's business to pitch T0DAY’s services while Hillary was still working at Ocado. Hillary has admitted breaching his contract but Faiman denies that the stolen information was valuable to them.
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The case attracted substantial media coverage in 2019, 2020 and 2021. The case was settled in June 2021 following an admission of wrongdoing in an agreed statement of facts in which the defendants acknowledge that
Hillary, while still employed by Ocado and at Faiman’s request, provided Faiman with a
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More recently, in 2018, he founded Today
Development Partners, also known as TDP and T0DAY (spelled with a zero), also an online grocery business that was established to rival his former business Ocado. This business has been the subject of controversy and litigation. In July 2019, Faiman was sued
160:
In June 2019, Ocado obtained a court order for searches to be carried out the offices of T0DAY and the residences of Faiman and Jon Hilary (then a senior Ocado employee), concerned they had stolen information from Ocado. The searches found hundreds of documents including Ocado contracts, pitch
124:
Having left Ocado, Faiman started a wheat farming business in
Ukraine. In 2015, Faiman moved to run Neos Geosolutions, a company that aimed to collect and analyse geological data to find new oil and gas reserves onshore. Despite being backed financially by
179:
as a result of the dispute with
Melnichenko. Melnichenko's US lawyers requested access to Faiman's bank records saying, "evidence is needed to trace the funds wrongly diverted by Mr Faiman and seek to freeze those funds before they disappear".
140:
In 2018, Faiman founded T0DAY and, in May 2019, it was announced that
Waitrose was in discussions with T0DAY for it to become its online retail partner after Ocado had terminated their 20-year relationship in favour of a partnership with
121:, both of whom were also Goldman Sachs employees. Faiman left Ocado in 2008 and stepped down from the board in 2010. Ocado is now a FTSE 100 online grocery and technology company with a market capitalisation of nearly £15 billion.
145:. However, Waitrose terminated these negotiations in July 2019 after a court search found hundreds of confidential Ocado documents in Faiman's possession, which led to Ocado suing Faiman, TDP and Jon Hillary for
165:“significant number” of confidential documents belonging to Ocado. It was reported that Faiman made a "significant payment" to Ocado and covered their legal fees reported to be £1.75 million.
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for unpaid debts amounting to £57 million. In the High Court hearing, Faiman said that his supermarket tech business T0DAY was at risk of collapse because he could not pay the debt.
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has made a permanent injunction, backed by a penal notice, preventing Faiman from using the confidential information in the future. The future of TDP is unclear.
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for a reported value of £7 million. If owned in May 2020, the shares would have been worth over £500 million.
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as a bond trader before becoming one of the three founders of Ocado in 2000. The other founders are
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In June 2020, it was reported that Faiman is being sued by
Russian industrialist and billionaire
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In March 2022, TDP entered administration, with Ocado acquiring some of the company's assets.
347:"Ocado settles espionage spat with its founder Jonathan Faiman after 'significant payment'"
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991:"Ocado free to pursue solicitor for contempt after telling IT manager to "burn" evidence"
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1018:"Ocado co-founder Jonathan Faiman has assets frozen in row with Russian billionaire"
81:(born 1969) was one of the three founders of online grocery and technology business
198:"Jonathan FAIMAN - Personal Appointments (free information from Companies House)"
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It may require cleanup to comply with
Knowledge's content policies, particularly
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374:"Ocado settles corporate espionage dispute with co-founder Jonathan Faiman"
816:"Ocado co-founder admits taking confidential information to set up rival"
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in 2000. He left the business in 2008, before the company floated on the
632:"Boots-owner Walgreens faces losses on bust e-commerce platform T0day"
89:. Faiman sold most of his shares in Ocado in 2010 at the time of its
754:"Ocado Suit Against Co-Founder Over Rival Biz Goes Forward - Law360"
780:"Ocado split gets messier as Waitrose dumps Jonathan Faiman's TDP"
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In
September 2020, it was reported that Faiman had had his assets
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528:"Jonathan Faiman, Neos — from groceries to oil | Financial Times"
409:"Ocado co-founder settles with firm over information theft claim"
607:"Ocado Settles Suit Against Co-Founder Who Poached Company Data"
495:"Ocado founder Jonathan Faiman accused of delivering a betrayal"
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436:"Waitrose eyes rapid expansion of online grocery business"
554:"Ocado rival faced claims of fraud as energy firm failed"
922:"Russian debt 'risks collapse' of Faiman's Ocado rival"
658:"Ocado rival's lawyer 'gave order to burn secret data'"
580:"UK's Waitrose plans 1 bln stg online grocery business"
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A major contributor to this article appears to have a
263:"OCADO share price (OCDO) - London Stock Exchange"
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222:Goldfingle2011-08-18T10:18:00+01:00, Gemma.
247:: CS1 maint: numeric names: authors list (
704:CS1 maint: multiple names: authors list (
66:Learn how and when to remove this message
721:"Ocado sues co-founder Jonathan Faiman"
314:"Ocado sues co-founder Jonathan Faiman"
224:"Ocado co-founder cuts stake in grocer"
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956:"No wonder Blanc's sparkling at Aviva"
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886:"Pungent delivery for Ocado founder"
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1016:Onita, Laura (26 September 2020).
719:Onita, Laura (20 September 2019).
656:Editor, Ashley Armstrong, Retail.
312:Onita, Laura (20 September 2019).
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1067:British online retailer founders
605:Milligan, Ellen (25 June 2021).
46:. Please discuss further on the
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920:Onita, Laura (11 July 2020).
814:Onita, Laura (25 June 2021).
434:Butler, Sarah (16 May 2019).
493:Shah, Oliver (26 May 2019).
267:www.londonstockexchange.com
147:intellectual property theft
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1082:English company founders
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44:neutral point of view
1072:Goldman Sachs people
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228:Retail Week
119:Tim Steiner
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184:References
156:Litigation
127:Bill Gates
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687:cite news
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663:The Times
611:Bloomberg
507:0140-0460
499:The Times
448:0261-3077
388:0140-0460
379:The Times
326:0307-1235
292:t0day.com
48:talk page
641:28 March
636:Sky News
243:cite web
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288:"Home"
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