First, I believe them when they say they didn't steal anything. But second, and more importantly, I find it highly unlikely that even if they technically violated some agreement somewhere that it would play any significant role in the success or failure of Shred Video. I think it's just anti-competitive, greedy, ill-will to not allow former employees to succeed or fail based on how well they execute their new venture. It's a dangerous bullying approach that stifles innovation.