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Saline resident charged with stealing trade secrets

By: Margaret Lucas Agius The Examiner Acting U.S. Attorney Terrence Berg, joined by FBI Special Agent in Charge Andrew G. Arena, announced that a federal indictment was unsealed today charging Saline resident Michael Hummel, 35, with wire fraud and theft of trade secrets from his former employer, Quicken Loans Inc. The indictment alleges that Hummel was employed at Quicken as a Senior Web Developer and Senior Software Engineer from February 2005 to November 2006, working on the Web Interaction Team at Quicken's Livonia offices or from his residence. The indictment further alleges that Hummel stole a Quicken proprietary project, and used the stolen Quicken trade secrets and intellectual property in his consulting work for another company while still employed by Quicken.

Full post as published by The Trade Secrets Vault on December 05, 2009 (boomark / email).