Duracell Employee Sentenced For Trade Secrets Theft

Law360, New York (May 18, 2007, 12:00 AM EDT) -- A judge on Thursday sentenced a former employee of Duracell Corp. to five years probation for stealing trade secrets from the battery maker and sending the information to its competitors because he was angry about executive pay and bonuses.

Judge Janet C. Hall of the U.S. District Court for the District of Connecticut also ordered Edward R. Grande, 49, to pay a fine of $7,500 and perform 200 hours of community service. Grande pled guilty to one court of theft of trade secrets in February....
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.