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Scientist sentenced for leaking company secrets to Chinese
Scientist sentenced for leaking company secrets to Chinese
January 17, 2012 Other news in San Diego,California, United States of America
As one of the major names under the giant Johnson & Johnson, DePuy has instigated the depuy hip recall to stop distribution of the defective implants and lay out the amendments.
FOR IMMEDIATE RELEASE
San Diego,
California,
United States of America
(Free-Press-Release.com) January 17, 2012 --
A former Dow Chemical Company scientist has been sentenced to five years in prison for selling trade secrets to Chinese companies, the US Justice Department announced Friday, AFP reports.
A man identified as a Chyu Liu -- best known for his business name as David Liou -- was convicted last year, February 7 with charges of "stealing and selling secrets about Dow Chemical's Tyrin chlorinated polyethylene (CPE) process." According to the company's spokesperson, the prized secret on the CPE process was used to develop products like automotive and industrial hoses, electrical cable jackets and vinyl siding.
He also was convicted of perjury for lying to cover up his involvement in a conspiracy that included at least four of his coworkers. He was sentenced on Thursday in US District Court in Baton Rouge, Louisiana, AFP states.
To add to this, "Liu, 75, must forfeit $600,000 and pay a $25,000 fine." "Liu had access to trade secrets and confidential and proprietary information pertaining to Dow's Tyrin CPE process and product technology," a Justice Department statement said.
Prosecutors said he traveled extensively throughout China to market the stolen information. He also was accused of paying current and former Dow Chemical employees for material and information about the secret chemicals, AFP finishes.
Because of the gravity of the deed that he has done, the outcome of the trials for the past 11 months is quite obvious -- for him to be fined a heavy one and get locked up in prison, legal experts say.
No matter how great the ability of a lawyer maybe, it is quite impossible to further ask for retrial as he has been proven guilty; but on the case of the recall by DePuy Orthopaedics Inc., a greatly skilled depuy hip recall lawyer will truly be an edge in winning such a sensitive and scandalous case.
As one of the major names under the giant Johnson & Johnson, DePuy has instigated the depuy hip recall to stop distribution of the defective implants and lay out the amendments they think would help out the damaged patients.
However, it has been analyzed that the meager amount given to the patients are insufficient, but the company stays strong on their stand of only giving that much. Obviously, such a choice is not the best one as some patients have eventually lost their only means of living because of the inability to be able to work due to their suffering.
What most orthopedics these days would suggest would be for a hip implant victim to file the corresponding depuy hip recall lawsuit; it basically contains the details in all the damage the defective implants have wrought upon them. With just the right lawyer to represent them, anyone can undoubtedly win this case and finally be able to have the means to recuperate from the ordeal.
Stand up to your feet now and locate the DePuy Hip Recall for more facts. http://www.depuyhiprecallsite.com/
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