February 3, 2007
Plea in Theft of Trade Secrets Case
A DOJ Press Release reports on a plea agreement being reached between the United States Attorney for the District of Connecticut and a former employee of Duracell. According to the press release, court documents state that -
"between March and June 2006, [ ] who was employed as a cell development technologist at Duracell, copied and downloaded to his computer research regarding Duracell’s AA batteries. [This individual] emailed the information to a home computer and also carried the information from the Duracell offices. [The accused] then sent the trade secret information to two competitors of Duracell in order to cause economic injury to Duracell and to provide the competitors with an economic advantage."
Sentencing is set for April 23rd. See also Wall Street Jrl. here.
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I don't believe the plea bargain will be the end of this case. It just keeps going, and going.
Posted by: Alan Childress | Feb 4, 2007 5:15:39 AM
I don't believe that the plea bargain will be the end of this case. It just keeps going, and going.
Posted by: Alan Childress | Feb 4, 2007 5:16:51 AM