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Intellectual Property Law

: The Trade Secrets Vault

Four convicted for stealing trade secrets

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By Song Shengxia Three employees of a steel engineering company in North China's Tianjin were convicted Wednesday on charges of stealing commercial secrets from their former employer, a steel company in Wuhan, Hubei Province. The Wuhan prosecutor told the Global Times Thursday that Tianjin Huanbohai Steel Engineering Technology Company was accused of using "improper means" to obtain commercial secrets from WISDRI Engineering & Research Company. The general manager of Huanbohai Steel, two of its employees, and an employee of WISDRI were each sentenced to jail terms between 10 months and two years and each fined 800,000 yuan ($117,227) for violating commercial secrets rules. To continue reading this article from Alibaba, please click here.

Full post as published by The Trade Secrets Vault on September 20, 2009 (boomark / email).

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