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Posts Tagged ‘IPhone’

Kaedar Electronics’ Parent Company Suspends a Manager Accused of Paying Kickbacks to Apple Employee in Misappropriation of Trade Secrets Case

In Criminal Theft of Trade Secrets, Fun with Trade Secrets, International on August 18, 2010 at 5:17 am
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Ting-I Tsai of The Wall Street Journal reports that Pegatron Corp., the parent company of Kaedar Electronics Co., said it had suspended a manager who has been accused of paying kickbacks to Paul Devine, an Apple employee.  Pegatron says it is now investigating whether the manager violated the company’s code of conduct.  The company is reportedly working on an iPhone for a second mobile standard for Apple.

Neither Pegatron Corp. nor Kaedar Electronics Co. were named as defendants in the civil suit filed by Apple Inc. on Friday.

If Apple truly believed that confidential information and trade secrets were misappropriated by Devine and Kaedar Electronics, one would expect that Kaedar would be brought in as a party.   Read the rest of this entry »

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Kaedar Electronics Acknowledges Paying Brokerage Commission in Apple Trade Secret Theft Case

In Breaking News, Criminal Theft of Trade Secrets, Fun with Trade Secrets on August 17, 2010 at 3:21 am
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Ting-I Tsai of the Wall Street Journal reports that the parent of Kaedar Electronics Co. “acknowledged Monday that Kaedar did pay brokerage commission to an intermediate trading company for its business with Apple between 2005 and 2008. But it said it is not sure if the arrested Apple employee is behind the intermediate trading company.”

Apple’s Complaint alleges that “[f]rom at least March 2008 through the filing of this Complaint, Devine demanded and received illicit payments, kickbacks, bribes and other things of value from Kaedar and, in exchange, Devine provided Kaedar with Apple’s Confidential Information.”  Complaint ¶ 51.  “With Apple’s Confidential Information, Kaedar was able to construct offers to Apple on terms more favorable to Kaedar, and less favorable to Apple.”  Id. ¶ 58.

UPDATE:  Kaedar Electronics Suspends Manager

By CHARLES H. JUNG

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