Local Police Reports

Former Paint Manufacturing Chemist Sentenced to 15 Months in Prison for Stealing Trade Secrets Valued up to $20 Million

Chicago, IL–(ENEWSPF)– A former chemist for a northwest suburban paint manufacturing company was sentenced to 15 months in federal prison for stealing trade secrets involving numerous formulas and other proprietary information valued up to $20 million as he prepared to go to work for an overseas competitor. David Yen Lee, formerly a technical director in Valspar Corp.’s architectural coatings group since 2006, pleaded guilty in September to using his access to Valspar’s secure internal computer…

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