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: The Trade Secrets Vault

Manufacturer of high-tech biochemical filtering devices used in various manufacturing and other processes, fired a production supervisor, Yong "Jake" Zhang, for allegedly videotaping the company's trade secrets and confidential manufacturing processes.

The parties settled for $50,000 prior to trial. The settlement did not include an admission of guilt, as Zhang still maintains he did nothing wrong. Plaintiff's counsel reported that all of the settlement proceeds were donated to charity. Synder, Inc. sued Zhang, claiming he had misappropriated trade secrets. Synder alleged that Zhang gave the tapes and other documents containing trade secrets to a Chinese company, and that company got enough information from this transaction to attempt to replicate Synder's manufacturing facility. Zhang denied providing the Chinese company with Synder's trade secrets. He maintained that he did nothing wrong.

Full post as published by The Trade Secrets Vault on May 16, 2008 (boomark / email).