“THEFT OF TRADE SECRETS CLARIFICATION ACT” SIGNED BY PRESIDENT —

“THEFT OF TRADE SECRETS CLARIFICATION ACT” SIGNED BY PRESIDENT —

On December 28, President OBAMA signed into law S. 3642, Public Law 112-___, the “Theft of Trade Secrets Clarification Act of 2012.”  The new law amends Section 1832(a) of Title 18 (the Economic Espionage Act of 1996) to clarify that it applies to “a product or service used in or intended for use in” interstate or foreign commerce.  The new law responds to the Second Circuit decision in U.S.  v. Aleynikov, in which the court overturned a jury verdict finding that the defendant violated the Economic Espionage Act for stealing source code from his employer.  The court held the trade secret theft did not meet the “interstate or foreign commerce” requirement.

http://www.ipo.org//AM/Template.cfm?Section=Home

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s