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The lawsuit alleges "widespread infringement and unlawful exploitation" of v Bulletin's source code and "equally damaging misappropriation of trade secrets" developed and owned by v Bulletin with "investments of millions of dollars over the last ten years." The lawsuit further alleges that the developers of Xen Foro Ltd.

In 2005, v Bulletin 3.5 was released that addressed some of the shortcomings of 3.0 (discussed later on).As there was still a demand for the software, Limm and Percival created Jelsoft and released their work as a paid solution, called v Bulletin 1.After subsequent minor releases of their Software, the two decided to start working on a new version that would be more than a rewrite of UBB: they wanted to turn their software into a competitive solution for forums.In 2009, long-time developers Kier Darby, Mike Sullivan, Scott Mac Vicar and Jeremy Hutchings left the company.Kevin Sours, Don Kuramura, and Ray Morgan took Darby's place as lead developer, product manager, and general manager, respectively.

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