caltradesecrets.com

Posts Tagged ‘Indictment’

Chemist Pleads Guilty to Theft of Trade Secrets After Allegedly Downloading Technical Materials Before Leaving to Work for an Overseas Competitor

In Breaking News, Criminal Theft of Trade Secrets on September 3, 2010 at 8:32 am
Seal of the United States Department of Justice
Image via Wikipedia

The Sun-Times Media Wire reports that a former chemist and technical director for Valspar Corporation’s architectural coatings group pleaded guilty on Wednesday for stealing formulas and other trade secrets worth up to $20 million as he prepared to go to work for Nippon Paint, an overseas competitor.  The defendant was charged with five counts of theft of trade secrets in violation of the federal Economic Espionage Act in an indictment returned by a federal grand jury. Read the rest of this entry »

Advertisements

Indiana Scientist Ordered Detained on Charges of Economic Espionage

In Breaking News, Economic Espionage on September 1, 2010 at 2:47 am
Pyroxsulam: novel herbicide (Dow AgroSciences)
Image via Wikipedia

AP reports that a former Indiana scientist accused of illegally sending trade secrets worth $300 million to China and Germany was ordered detained Tuesday on charges of economic espionage.  A federal indictment unsealed in Indianapolis alleges that Kexue Huang, who was born in China, passed on proprietary information about the development of organic pesticides to Hunan Normal University while he worked as a researcher for Dow AgroSciences in Indiana from 2003 to 2008.

Assistant U.S. Attorney Cynthia Ridgeway said Huang, a Canadian citizen with permanent U.S. resident status, used a “patient and calculated” plan to “drain” the Indianapolis-based company of technology that took 20 years to develop. Read the rest of this entry »

Former General Motors Employee Indicted for Conspiring to Steal Hybrid Technology Secrets

In Criminal Theft of Trade Secrets, Trade Secrets News on July 28, 2010 at 11:14 pm
SHANGHAI, CHINA - SEPTEMBER 16:  GM China Pres...
Image by Getty Images via @daylife

On Thursday, a former employee at General Motors and her husband were indicted in federal court in Detroit for allegedly conspiring to steal secrets from G.M. relating to hybrid technology.  Read the article here.  A press release by the U.S. Attorney’s Office in the Eastern District of Michigan states that Shannon Du and her husband, Yu Qin conspired to “possess trade secret information of General Motors Company relating to hybrid vehicles, knowing that the information had been stolen, converted, or obtained without authorization.”  “The indictment alleges that DU, while employed with GM, provided GM trade secret information relating to hybrid vehicles to her husband, QIN, for his benefit and for the benefit of a company, Millennium Technology International Inc. (MTI), that the defendants owned and operated.”

By CHARLES H. JUNG

Enhanced by Zemanta