PowerLogix has filed a $1,500,000 Federal lawsuit alleging conspiracy by former business partners to put it out of business.

The suit names WayPoint Distribution, Giga Designs, MicroMat Computer Systems, MicroMat and Virtex Assembly Services as defendants.

The company says: "PowerLogix is seeking in excess of $1,500,000 in actual damages, statutory damages and punitive damages for what it alleges was a conspiracy by former business partners and competitors to unlawfully appropriate its software, trade secrets and drive it out of business."

A copy of the complaint is available for download.