LCD Trade Secret Thief Gets Four-Year Jail Term

Law360, New York (April 20, 2006, 12:00 AM EDT) -- A former employee of Corning Inc. who found secret documents in a garbage bin and sold them to Taiwanese PicVue Electronics Ltd. was sentenced yesterday to four years in federal prison.

In addition to jail time, Jonathan C. Sanders will pay a $20,000 fine plus a $100 “special assessment,” and spend three years on supervised release after his release.

Sanders will surrender to U.S. marshals and begin serving his sentence in one month.

Court papers approximate the total loss to Corning as “in excess of 100,000,000...
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.