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Ex-Mirabilis insiders say trade-secrets ruling vindicates them

By: Richard Burnett An Orlando federal judge has ruled that some former insiders of bankrupt Mirabilis Ventures Inc. did nothing wrong when they left the former private-equity firm to start another business, even as Orlando-based Mirabilis became ensnared in one of the largest payroll-tax frauds in U.S. history. There was no evidence, the judge said, that the group, led by one-time Mirabilis President Frank Hailstones and Secretary-Treasurer Edith Curry, broke their employment contracts, took trade secrets or committed any other violations. To read the complete article from The Orlando Sentinel, please click here.

Full post as published by The Trade Secrets Vault on October 12, 2010 (boomark / email).