Minneapolis—Valeo Intellectual Property, a reprint company that also offers online copyright protection to publishers, confirmed that Corey Johnson, formerly Valeo’s president, is no longer with the company.
At deadline, Greg Jackson, CEO of Valeo IP, had not returned phone calls requesting comment on Johnson's departure.
Valeo is currently embroiled in dueling lawsuits with Data Depth Corp. regarding Data Depth’s licensing of its iCopyright software to Valeo. Data Depth has terminated a licensing agreement that permitted Valeo to use the software enabling publishers to "tag" online content and allowing the automatic clearance and sale of copyrighted material.
A judge recently dismissed Valeo’s request for a preliminary injunction that would have prevented Data Depth from terminating its agreement with Valeo and from working with Valeo’s competitors.