Ex-Software Exec Pleads Guilty In Trade Secrets Case

By Marius Meland (December 13, 2005, 12:00 AM EST) -- A former software company executive accused of conspiring with other executives to illegally access a rival's computer network has pled guilty in federal court to misappropriation of trade secrets.

John J. O'Neil, the CEO of software company Business Engine Software Corp., pled guilty in the U.S. District Court for the Northern District of California, admitting that he and two other of the company's executives stole trade secrets from competitor Niku Corporation.

O'Neil pled guilty to criminal charges of conspiracy to steal trade secrets and interstate transportation of stolen property.

The charges carry a maximum penalty of 10 years in prison and...

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