Alleged $1B Intel Secrets Thief Must Pay For Own Atty

Law360, New York (August 25, 2011, 5:25 PM EDT) -- A Massachusetts magistrate judge on Thursday refused to reconsider his previous ruling that a former Intel Corp. engineer charged with the theft of more than $1 billion in trade secrets must tap into his individual retirement account to cover his defense costs.

U.S. Magistrate Judge Leo T. Sorokin affirmed his Aug. 3 ruling that Biswamohan Pani, who prosecutors say downloaded confidential documents at Intel after jumping ship to company rival Advanced Micro Devices Inc., had ample money in his IRA to cover his defense costs and...
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