A former Technical Director for a painting and coating company who pled guilty to downloading trade secrets from a secure computer system and transferring them to external thumb drives recently was sentenced to 15 months in federal prison to be followed by three years of supervised release.
Continue Reading Update: Former Paint Company Technical Director Sentenced To 15 Months In Federal Prison For Trade Secret Theft

In the latest example of a significant international trade secret theft resulting in a federal criminal prosecution, chemist David Yen Lee recently pleaded guilty in federal court in Chicago to “knowingly and without authorization” possessing one or more trade secrets of his former employer Valspar Corporation with intent to convert them “to the economic benefit of someone other than the owner.”
Continue Reading Multi-Million Dollar Trade Secret Heist Results In Federal Criminal Plea