Costello Law Corporation
We Can Help You, Call Us Today
916-520-3360
This Attorney is Lead Counsel Rated. Click here for more Information.

Trade Secrets Archives

United States-China trade secret problems increase tensions

In the latest international news, it has been shown that the United States has charged Chinese companies in relation to the theft of trade secrets. The Nov. 5 report describes the United States formally charging both China and Taiwan along with three individuals were allegedly stealing trade secrets from a semiconductor company in the United States.

Scientists accused of stealing from GlaxoSmithKline

Here's an interesting story about a second scientist who has pleaded guilty to stealing trade secrets from GlaxoSmithKline. This was the second former scientist who had worked for the company to appear in court and plead guilty to stealing the company's secrets to help benefit a pharmaceutical company based in China that they had been a part in establishing.

J. Craig Venter accused of stealing his own trade secrets

When a person leaves your company, even if that person is you, the founder, there are rules in place that prevent trade secrets from being used to harm the company. Chief executive officers (CEOs) often believe that they're immune from these rules, but there is a possibility that you could be accused of stealing your own trade secrets if you're fired from your company.

You have a right to protect your trade secrets

A trade secret is any confidential information relating to your business that gives your business an edge on competition. For example, if you have a specific process for developing products at a low cost, you wouldn't want your competitors to discover that. If your competitors did, then you would again have to compete with others who could sell similar items at the same price point.

Trade secret quandary at Uber

The Uber quandary seems to get thicker and thicker as the story and evidence keeps unraveling. It first made news when Waymo, a sister company of Google, filed a suit against Uber claiming that they stole trade secrets relating to their lidar sensors for self-driving cars. Allegedly, a former employee downloaded thousands of files before leaving their company and sold the information to Uber for $680 million.

Contact Us Today

To protect your valuable idea, contact our lawyers at Costello Law Corporation to set up an initial consultation. We are ready to assist you in any intellectual property issue.

Get Started

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Map & Directions

Costello Law Corporation

Costello Law Corporation
2267 Lava Ridge Court
Suite 210
Roseville, CA 95661

Phone: 916-520-3360
Fax: 916-441-4254
Map & Directions

Email Us linkedin