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June 15, 2018 03:20 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/BTeUtEciy04/6-fitbit-employees-charged-with-stealing-trade-secrets-from-jawbone
6 Fitbit Employees Charged With Stealing Trade Secrets From Jawbone
Six current and former Fitbit employees were charged in a federal indictment Thursday filed in San Jose for allegedly being in possession of trade secrets stolen from competitor Jawbone, according to information from the Department of Justice. From a report: The indictment charges the six people -- Katherine Mogal, 52, of San Francisco; Rong Zhang, 45, of El Cerrito; Jing Qi Weiden, 39, of San Jose; Ana Rosario, 33, of Pacifica; Patrick Narron, 41, of Boulder Creek; and Patricio Romano, 37, of Calabasas -- with violating confidentiality agreements they had signed as former employees of Jawbone after they accepted employment with Fitbit, according to an announcement from Acting U.S. Attorney Alex G. Tse and Homeland Security Investigations Special Agent in Charge Ryan L. Spradlin. San Francisco-based companies Fitbit and Jawbone were competitors in making wearable fitness trackers until Jawbone, once valued at $3.2B, went out of business in 2017. Each of the defendants worked for Jawbone for at least one year between May 2011 and April 2015, and had signed a confidentiality agreement with the company, according to the Department of Justice.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/BTeUtEciy04/6-fitbit-employees-charged-with-stealing-trade-secrets-from-jawbone
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