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Arlington Heights man accused of stealing trade secrets

By Kristen Kridel | Tribune reporter An Arlington Heights man was charged Friday with the theft of trade secrets from the Wheeling company where he worked, authorities said. David Yen Lee, 52, of the 400 block of West Rand Road, was arrested at his home Thursday and ordered held without bail Friday in federal court in Chicago, the FBI said. He faces up to 10 years in prison if convicted of the felony offense. Lee, a naturalized U.S. citizen, worked for Minneapolis-based Valspar Corp., a maker of paints and industrial coatings. Lee, former technical director of new product development for Valspar's architectural group, quit March 16--two weeks after returning from a business trip to China, the FBI said. To read the complete article from Chicagotribune.com, click here.

Full post as published by The Trade Secrets Vault on March 29, 2009 (boomark / email).