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Intellectual Property Law

The Trade Secrets Vault The Trade Secrets Vault

From the Franklin Pierce Law Center

Post Frequency: 106/day

Last Entry: January 17, 2013 at 20:20:48

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Trade Secrets on the Forefront of the Department of Justice

Posted on January 17, 2013
By: Alice Cabrera The Department of Justice issued a "Summary of the Major U.S. Export Enforcement, Economic Espionage, Trade Secret and Embargo-Related Criminal Cases." This report highlights the importance of trade secret protection and trade secret theft prosecution for the economic wellbeing of the United States...


Ex-Bridgestone scientist cleared of trade secret theft charges

Posted on October 19, 2012
By: Alison Grant Wang had been accused of stealing trade secrets from Bridgestone's research facility and giving them to a Chinese polymer maker. The government said he used his insider status at Bridgestone to make off with confidential information such as the formulas and compound properties for race tires...


Ex-CME Group Programmer Pleads Guilty to Stealing Trade Secrets

Posted on October 19, 2012
By: By JACOB BUNGE And DOUG CAMERON A former computer programmer for CME Group Inc. CME -0.40% on Wednesday pleaded guilty to charges that he stole information from the futures exchange operator while pursuing plans to improve a trading platform in China...


Top Executives at Kolon Industries Indicted for Stealing DuPont's Kevlar Trade Secrets

Posted on October 19, 2012
From: U.S. Department of Justice Office of Public Affairs WASHINGTON--Kolon Industries Inc. and several of its executives and employees have been indicted for allegedly engaging in a multi-year campaign to steal trade secrets related to DuPont's Kevlar para-aramid fiber and Teijin Limited's Twaron para-aramid fiber...


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Apple Tries to Seal US Patent Court Documents, Claims Trade Secrets

Posted on October 19, 2012
By: Lory In an attempt to regain control over company secrets, Apple requested that certain documents be sealed, claiming the information should be considered "trade secrets." The document in question is regarding a partial summary of damages calculations with product-specific unit sales and revenue information...


Zynga Files Suit Against Former Staffer, Claiming Theft of Trade Secrets

Posted on October 19, 2012
By: Tricia Duryee Following the departure of several high-level employees, Zynga is striking back by filing a lawsuit against one of its former general managers, alleging "the wholesale theft of some of its most sensitive and commercially valuable data...


Toys R Us sued over kids tablet trade secrets

Posted on October 19, 2012
By: Brad Dorfman The maker of the Nabi tablet computer for children sued Toys R Us Inc on Monday, saying the world's largest toy retailer stole trade secrets in preparing to introduce the rival Tabeo tablet this month. The introduction of Tabeo heated up the market for tablets designed specifically for children, which also includes players like LeapFrog Enterprises Inc's LeapPad...


Freed Ex-Goldman Sachs programmer charged again

Posted on August 10, 2012
By: JENNIFER PELTZ When a former Goldman Sachs computer programmer was freed from prison after getting his software-theft conviction overturned, he declared that "justice occasionally works." Six months later, Sergey Aleynikov faced new charges Thursday over the same allegations: that he copied valuable, secret computer code from the financial powerhouse as he was leaving for a new job...


Raytheon: Appeals Court Reverses Decision on Trade Secret Theft Damages

Posted on August 10, 2012
By Victoria Stilwell Raytheon Co. (RTN) said it will continue to pursue claims against two companies for damages resulting from theft of trade secrets and misappropriation of intellectual property after the U.S. Court of Appeals favorably reversed an August 2009 decision by a federal district court in Texas...


Former Intel employee jailed for three years over stealing trade secrets

Posted on August 10, 2012
By Dean Wilson A former employee of Intel has been given a three year jail term after being found guilty of stealing company secrets worth millions of dollars. Biswamohan Pani, 36, stole chip manufacturing and design documents worth between $200 million and $400 million from the chip giant in May 2008 after announcing his resignation...


Oldcastle, Staley, Settle Trade Secret Suit; Staley to Pay Oldcastle $10,000

Posted on August 10, 2012
By Penny Stacey Oldcastle BuildingEnvelope? (OBE) and Jon Todd Staley have settled their lawsuit. Staley, a former employee against whom OBE had filed suit last year, and OBE entered into an agreement by which Staley will pay the Santa Monica, Calif...


Organic Milk Rivals in a Tussle Over Trade Secrets

Posted on August 10, 2012
By Susan Berfield A manager leaves his company to work for a rival. Happens all the time. Two months later, he is sued for breach of contract and he and his new employer are accused of "misappropriation of confidential information and trade secrets...


California Businesses Need to Protect Their Trade Secrets

Posted on June 19, 2012
By: Boyd Contreras LLP California companies spend millions of dollars every year developing trade secrets - everything from complex processes and programs to simple customer lists. These companies need to be ever-vigilant in maintaining the secrecy of these trade secrets otherwise they risk losing the protection they are afforded for these secrets under the law...


Eaton lawyers under fire for conduct in trade-secrets lawsuit

Posted on June 19, 2012
By: Alison Grant, The Plain Dealer A report prepared for a Mississippi court said Eaton Corp. and its lawyers undertook an "outrageous course of conduct" in attempting to tamper with the judicial system -- so outrageous, in fact, that the court had no choice but to dismiss Eaton's $1 billion trade-secrets lawsuit against a rival aerospace company...


Federal computer law doesn't cover misuse of trade secrets

Posted on June 19, 2012
By: THE HR SPECIALIST: MINNESOTA EMPLOYMENT LAW The federal Computer Fraud and Abuse Act (CFAA) doesn't grant employers any legal recourse if an employee misuses information obtained from company computers, according to a recent Minnesota Federal District Court ruling...


Malloy: Some business records should be kept from public

Posted on June 19, 2012
By: Brian Lockha BRIDGEPORT -- Gov. Dannel P. Malloy said it may be necessary for the state to consider changes to the Freedom of Information Act to attract businesses to Connecticut by shielding certain aspects of economic development deals from public scrutiny...


Eaton fires in-house lawyers involved in Mississippi trade-secrets case

Posted on May 31, 2012
Eaton Corp. has fired two top attorneys as the company faces on-going scrutiny from a Mississippi judge about how controversial emails in a trade-secrets case popped up years after they were supposed to be produced. By Alison Grant, The Plain Dealer Eaton confirmed that Vic Leo, vice president and chief litigation counsel, and Sharon O'Flaherty, litigation counsel, have been let go...


Trade Secret Theft: Businesses Need To Beware And Prepare

Posted on May 25, 2012
Eric Savitz, Forbes Staff Guest post written by Pamela Passman "Before, criminals used to steal money to become rich, but now they have realized that they can be rich by stealing corporate information." These words from a U.S. Treasury Department official send a chilling reminder to industry about the growing threat - and cost - of trade secret misappropriation...


TV's Big Brother Accuses Similar Show Of Stealing

Posted on May 25, 2012
ABC is firing back at CBS -- claiming its new realty show "Glass House" is NOT stealing trade secrets from "Big Brother" ... because NOTHING about Big Brother is a secret. The Alphabet network has filed a response in its legal battle with CBS -- asking a judge to throw out the "over-the-top" lawsuit ASAP...


Jury levels $134 million fines against PacifiCorp for misappropriation of trade secrets

Posted on May 25, 2012
By Wendy Leonard, Deseret News A jury has leveled a $134 million fine against the owner of Rocky Mountain Power, deciding that the regional electric utility intentionally and maliciously misappropriated trade secrets from a Texas power-plant developer...


IBM's Siri ban highlights companies' privacy, trade secret challenges Apple's Siri is persona non grata at IBM, and it's just the beginning

Posted on May 25, 2012
By: Jacqui Cheng Apple's digital "assistant" Siri isn't welcome at IBM; neither are Apple's voice dictation features in the iPhone and iPad. IBM CIO Jeanette Horan revealed in an interview with Technology Review that the company turns off Siri on employees' iPhones for fear that the service stores employees' queries somewhere outside of IBM's control...


AIG Sues Ex-International Lease Executives Over Trade Secrets

Posted on April 29, 2012
By Edvard Pettersson American International Group Inc. (AIG) sued the former chief executive officer of its International Lease Finance Corp. aircraft lending business, saying he stole confidential information when he left the company and started Air Lease Corp...


Plaintiff must identify trade secrets during discovery, judge rules

Posted on April 29, 2012
Reuters Plaintiffs who claim their trade secrets have been misappropriated must identify what those secrets are during discovery, a New York state judge has ruled. The decision, issued Friday by Manhattan Supreme Court Justice Shirley Werner Kornreich, requires computer software maker MSCI to identify "with reasonable particularity" the trade secrets it alleged former employee Philip Jacob and his new employer, Axioma, misappropriated...


California fracking bill would protect industry 'trade secrets'

Posted on April 29, 2012
A California lawmaker working to pass the Golden State's first hydraulic fracturing rules has watered down his landmark legislation, hoping to overcome industry opposition to a measure that would force energy companies to disclose the mysterious mix of chemicals they inject into the ground to tap oil deposits...


Wis. court upholds PepsiCo trade secrets ruling

Posted on April 13, 2012
By TODD RICHMOND A judge properly vacated a $1.26 billion judgment against PepsiCo Inc. in a lawsuit alleging the soft drink giant stole two Wisconsin men's idea for bottled water, a state appeals court ruled Thursday. The 4th District Court of Appeals ruled the men made their claims too late to satisfy Wisconsin's statute of limitations and should have paid more attention to developments in the beverage industry...


Judge Caps Trade Secrets Damages at $5 Million

Posted on April 13, 2012
By DAVID LEE Ratier-Figeac, a French manufacturer of aircraft components, must pay $5 million in punitive damages for sharing trade secrets, a Kansas federal judge ruled. Initially U.S. District Judge Julie Robinson had ordered a $9.59 million award, but the 10th Circuit threw that decision out because Kansas law caps such awards at $5 million...


Stealing Trade Secrets Is Not Hacking

Posted on April 13, 2012
By TIM HULL Refusing to broaden its interpretation of a federal anti-hacking law, the full 9th Circuit on Tuesday affirmed dismissal of several charges against a corporate headhunter who allegedly relied on his former employer's confidential information...


Bridgestone trade secrets case against scientist follows FBI probe

Posted on April 13, 2012
By Alison Grant, The Plain Dealer A former scientist at Bridgestone Americas Center for Research & Technology in Akron was arrested for stealing trade secrets from the center and giving them to a Chinese polymer maker. Xiaorong Wang, 50, of Hudson, pleaded not guilty Thursday in U...


Court Blocks Sales of Botox Alternative

Posted on March 20, 2012
By: ANJALI ATHAVALEY A U.S. district court issued a 10-month injunction against a maker of a Botox alternative that was accused of misappropriating trade secrets belonging to Allergan Inc. AGN -0.14% The injunction, issued by the U.S. district court for the Central District of California, is a win for Botox owner, Allergan, and deals a blow to closely held Merz Group because it prohibits two units of the German company from selling the rival Xeomin drug for cosmetic use in the U...


The Role of Social Media in Workplace Disputes

Posted on March 20, 2012
By: Elise Bloom and John Barry As employment disputes commonly involve communications between or among employees, management, and customers, it should come as no surprise that social media's role in workplace disputes has drastically increased in the last year...


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