Texas chemical engineer ordered to pay $4M for theft of trade secrets

Aug. 26, 2016
Former Voltaix LLC employee Mattias Tezock pleads guilty to ‘confidential, proprietary and trade secret recipe and process for manufacturing and purifying high-purity germane gas.’

A chemical engineer from Sunnyvale, Texas will be forced to pay $4 million to his former employee for stealing trade secrets he then used to support his own business endeavor, The Dallas Morning News has reported.

Dr. Mattias Tezock plead guilty last August to four counts of unlawful possession of a trade secret, after founding his company, Metaloid Precursors Inc., using “confidential, proprietary, and trade secret recipe and process for manufacturing and purifying high-purity germane gas,” that he obtained from Voltaix LLC, his former employer.

As part of his plea agreement, according to the article, Tezock must cease all work relating to his company, and is prohibited from any work related to specialty chemicals over the course of the next five years.

The full article is available here

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