Friday, February 20, 2015

CEO Accused of Trade Secrets Data Theft

The former CEO of on oil and gas producer is being sued for allegedly stealing corporate trade secrets and using them to start a new company and attract investors.

The former employer is seeking the return of all confidential data as well as payment of compensatory and punitive damages.

"The complaint alleges that in his waning days as CEO he squirreled away massive amounts of data, containing “highly sensitive trade secrets.”."
- Forbes
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Sources:
(a) Chesapeake Sues McClendon, Alleging Theft Of 'Trade Secrets' - www.Forbes.com, 02/17/2015

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