Sunday, May 9, 2010
On Trade Secrets merger
To see OTS and many many more articles and blogs, check out: ipbrief.net
Thank you,
Eric Perrott
Friday, February 26, 2010
"Nooks and Crannies" to remain secret
Sources:
http://abcnews.go.com/TheLaw/thomas-english-muffins-nooks-crannies-knowledge-remain-secret/story?id=9933006&page=2
http://www.law.com/jsp/article.jsp?id=1202443728649&Secret_Muffin_Recipe_Prevents_Executive_From_Switching_Jobs#
Monday, February 15, 2010
Four Rio Tinto employees charged with stealing trade secrets in China
http://abcnews.go.com/Business/wireStory?id=9752629
http://www.nytimes.com/2010/02/11/world/asia/11riotinto.html
Saturday, February 6, 2010
Several Charged in South Korea for Stealing Samsung Trade Secrets
This week has been a busy one for South Korean prosecutors, as two more former employees of Samsung were charged with selling the company's trade secrets to a rival Chinese company. After Wednesday's arrest of eighteen people involved in leaking technologies to rival company Hynix, two people, one a current and one former employee of Samsung were charged in Seoul. One unidentified suspect sold Samsung's trade secrets for $208,000 USD but only received about $20,000 at the time of arrest.
The ongoing dispute centers allegations that Applied Materials Korea (AMK), a firm that provides semiconductor equipment to both Hynix and Samsung, allegedly provided Hynix with trade secrets acquired by Samsung employees. Hynix expressed regret for the detentions, but insists that it did not use Samsung technology in the production or design of its microchips.
Additional stories:
http://online.wsj.com/article/BT-CO-20100204-703509.html?mod=WSJ_World_MIDDLEHeadlinesAsia
Bristol-Myers-Squibb Employee Charged With Trade Secret Violations
Shalin Jhaveri, an Indian-American living in Syracuse, New York, has been charged with stealing trade secrets from his former employer, pharmaceutical giant Bristol-Myers-Squibb. Jhaveri, who worked in technical operations, reportedly planned on using trade secrets and other proprietary information to establish his own company in India. Jhaveri, if found in violation of Title 18 United States Code Section 1832.1, faces up to 10 years in prison and a $250,000 fine. The operation was a joint effort between the FBI and the Immigration and Customs Enforcement Service. John Pikus, the Special Agent In Charge of the FBI acknowledged the growing threat of trade secrets and intellectual property as well as the need for government agencies to pool their resources to address these threats.
Jhaveri is being held without bail pending a detention hearing scheduled for February 8th.
Additional news
FBI Press Release - http://albany.fbi.gov/dojpressrel/pressrel10/alfo020310.htm
Thaindian News - http://www.thaindian.com/newsportal/world-news/indian-american-charged-with-stealing-trade-secrets_100315117.html
Reuters - http://www.reuters.com/article/idUSN0316062420100204?type=marketsNews
Wednesday, January 13, 2010
Under Construction
OTS