[lodovic]

Was wondering the same thing. The article mentions the suit is Netflix vs the exec, so this will at least be breach of contract.

[jeffbee]

There may indeed by a Netflix vs. the exec, but this article is United States vs. the exec. Fraud is a crime. Wire/mail fraud is a federal crime.

[jeffwilcox]

Their standard employee agreement must include a set of clauses relating to conflict of interest.