Kolon Pleads Guilty To DuPont Trade Secrets Theft

Law360, New York (April 30, 2015, 5:44 PM EDT) -- Korean company Kolon Industries Inc. pled guilty Thursday to criminal charges that it conspired with former DuPont Co. employees to steal trade secrets relating to Kevlar bulletproof vests, agreeing to pay $360 million to resolve long-running criminal and civil cases.

Federal prosecutors say Kolon Industries Inc. admitted to charges it conspired with former DuPont Co. employees and others to steal proprietary information for Kevlar, a high-strength fiber material developed by DuPont. (Credit: AP) According to federal prosecutors, Kolon admitted to 2012 charges that it conspired with the former employees and others to steal proprietary information for Kevlar — a high-strength fiber...

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