Tuesday, October 24, 2006

Pleas in Coke Case

With increased technology, we will probably be seeing more and more cases involving the misuse and criminal conduct related to information. So it is not surprising to see a prosecution related to trade secrets. 

Michael Kanell of the Atlanta Jrl Constitution reports here that two individuals plead guilty to conspiracy in a case involving trade secrets at Coca Cola. And of all places to go with the alleged trade secrets - Pepsi. (Although there is no mention of Former Deputy Attorney General Larry Thompson here, it is interesting to note that he is General Counsel at PepsiCo)  According to the DOJ press release  the investigation started when Pepsi reported receipt of a letter offering the alleged secrets to Coca Cola and Coca Cola contacted the FBI.

Although sentencing remains to be seen on these two, a third individual who is also charged did not enter a plea. One has to wonder whether there will be cooperation with the DOJ to reduce their sentence. Clearly accepting responsibility should serve to mitigate the sentence of the cooperating defendants. The accused were represented by Atlanta attorneys Don Samuel & Anna Blitz.

(esp)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2006/10/pleas_in_coke_c.html

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