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Another Reminder That Trade Secrets Apply to All Sorts of Companies

They apply to your business as well as IBM, to builders as well as high-tech. As Stolen Trade Secrets?: Lawsuit Claims Exec Took $1M Study From Pulte Homes from Tradingmarkets.com show:

But Pulte Homes claims in a federal lawsuit that a top executive who was being laid off stole a highly confidential, $1 million Albuquerque market study and used it to create a similar report for a major competitor.

The lawsuit filed in U.S. District Court alleges that Lynn Galindo, a former area vice president based in Las Vegas, Nev., conspired with former subordinates and other employees to obtain the Albuquerque Operating Strategic Plan as she was negotiating her severance from Pulte.

As for the other side:

An attorney for Galindo says the lawsuit is retaliation for Galindo's participation, as a witness, in a Nevada sexual harassment case against Pulte.

"This is a lawsuit where Pulte is going to have a great deal of egg on their face," said Marty Esquivel, an attorney for Albuquerque's Narvaez Law Firm, which is representing Galindo.

Full post as published by Indiana Civil & Business Lawyer on April 08, 2008 (boomark / email).