U.S. Charges Korea's Kolon with Trade Secrets Theft
Last year, E.I. du Pont de Nemours and
Co.<http://www2.dupont.com/home/en-us/index.html>,
one of the world's largest chemical companies was awarded nearly $920
million in a trade secrets theft case against a rival manufacturer, Kolon
Industries Inc., <http://www.kolonindustries.com/Eng/>which was accused of
stealing information about Kevlar brand technology to develop a competing
high-strength fiber.

Now, the U.S. government has brought its own case, criminally charging
South Korea-based Kolon and five executives with stealing secrets
from DuPont. U.S. Justice Department officials and federal prosecutors in
Virginia Thursday announced the
indictment<http://legaltimes.typepad.com/files/kolon_indictment.pdf>charging
Kolon in U.S. District Court for the Eastern District of Virginia.
The charges, including conspiracy and trade-secret theft, were first filed
under seal in late August.


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Source:
http://www.americanlawyer.com/PubArticleAL.jsp?id=1202575602418&slreturn=20120923111253
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