Marvell Media Relations

Santa Clara Superior Court Jury vindicates Marvell of claims made 10 years ago

Marvell (Nasdaq: MRVL), a worldwide leader in integrated silicon solutions, today announced that a Santa Clara Superior Court Jury in California found in its favor, rejecting misappropriation of trade secrets allegations brought on behalf of Jasmine Networks, Inc. The jury unanimously found that Marvell did not use or acquire any Jasmine trade secrets and did not violate any nondisclosure agreements.

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By: Emily Lambert

The criminal case of the alleged Goldman spy is off and running, and it's shaping up to be a good one. The case seems likely to open a window into the mysterious world of high-frequency trading and to shed some light inside Wall Street's most notorious powerhouse, Goldman Sachs. But the lawsuit might do something else, too: It could test legal limits related to trade secrets -- and cause angst far from the trading world.

The man of the hour is the defendant, Sergey Aleynikov. Aleynikov was a programmer in Goldman's high-frequency trading group and is accused of taking code in order to help a new employer compete with Goldman. He disputes this and has said he intended to take some code, but not anything secret - just open-source code. The open-source part of that is crucial.

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The Australian boss of a travel company based in southern China has been charged with embezzlement, foreign ministry officials in Canberra said Thursday, stressing their "strong interest" in his case.

Et-China chief executive Matthew Ng was formally charged on Tuesday, a foreign office spokeswoman told AFP, two weeks after he was detained in the southern city of Guangzhou on suspicion of "misappropriating company assets".

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By: Ed Marcum

Federal prosecutors painted two tire company engineers as industrial thieves, stealing trade secrets from Goodyear in a desperate bid to produce tire-making machinery for a Chinese company on short notice.

Defense attorneys portrayed Clark Alan Roberts, 47, and Sean Edward Howley, 39, as hardworking family men who may have made a mistake by photographing equipment at a Topeka, Kan., Goodyear plant, but they contend that the machinery in question was designed in 1966, widely distributed to other companies, and would not qualify as a trade secret under the Economic Espionage Act, which the two men are accused of violating.

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By: The Associated Press

A New Jersey man who was a chemist at a suburban Chicago paint factory has pleaded guilty to stealing trade secrets.

David Yen Lee of Jersey City, N.J., pleaded guilty in September to stealing formulas and other proprietary information valued up to $20 million from Valspar Corp. between September 2008 and February 2009.

Federal prosecutors say the 54-year-old Lee stole the information as he was preparing to work for a competitor in China.

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By: DANNY KING

A former Goldman Sachs (GSF) computer programmer has been sentenced to a maximum of 15 years in prison for allegedly stealing trade secrets and property from the company. Sergey Aleynikov, 40, is scheduled to begin his prison sentence in March, the U.S. Attorney's Office of New York's Southern District said Friday.

Aleynikov, who worked at Goldman for about two years, allegedly tranferred "substantial portions" of Goldman's proprietary trading-platform computer code to a computer server in Germany on his last day with the company in June 2009. He also allegedly transferred "thousands" of Goldman's computer-code files to his home computer.

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By: Ed Marcum

Howley and Clark Alan Roberts, 47, both former engineers for Greenback-based Wyko, were convicted in U.S. District Court in Knoxville on Thursday on all 10 counts of an indictment alleging they conspired to steal and make use of trade secrets by taking photographs of special tire-making equipment at a Goodyear plant in Kansas in May 2007.

Prosecutors alleged the pair intended to use the images to help design similar equipment Wyko was under contract to produce for a Chinese tire-making company. They now face an April 14 sentencing hearing.

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By Jennifer Chaussee

Hundreds of millions of dollars are involved in a new state contract for prison health care, but there's no telling now exactly much money California is spending under the agreement, which takes effect in just weeks. Even lawmakers are kept in the dark.

The contract and its fiscal details are secret because of an exemption related to health care information within the state Public Records Act, said Liz Kanter, a spokesperson for the California Prison Health Care Services, the government body that awarded the contract to Health Net Federal Services, an outside HMO and subsidiary of Health Net.

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By IBTimes Reporter

On May 30 and 31, 2007, the Wyko engineers - Robert and Howley - traveled to a Goodyear tire plant to service equipment supplied by their company to Goodyear. While they were there, they secretly took seven photos of a Goodyear swab down device without the knowledge or permission of Goodyear. Knowing very well that Goodyear protected the swab down device as a trade secret, they secretly emailed the photographs to employees at a Wyko subsidiary located in Dudley, England. The photographs were then used by Wyko to make a similar piece of tire building equipment for HHSC.

Roberts and Howley both were found guilty on 10 felony counts of stealing trade secrets, unlawful photographing of trade secrets, and committing wire fraud.

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By Kimberly P. Mitchell
Detroit Free Press, via AP

A Michigan man faces up to 5 years in prison for reading his wife's e-mail to find out if she was having an affair, the Detroit Free Press reports.

Oakland County prosecutors used a state statute typically used to prosecute crimes like identity theft or stealing trade secrets, the newspaper says.

In preliminary testimony, Clara testified that while Leon had bought her that laptop, it was hers alone and that she kept the password a secret.

Leon Walker says he routinely used the computer and that she kept all of her passwords in a small book next to it. "It was a family computer," he says. "I did work on it all the time."

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