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Raytheon accuses former employee of theft of trade secrets

Posted by William J. Cook | Aug 23, 2018 | 0 Comments

Upon choosing to turn in a letter of resignation, companies in Florida and elsewhere may expect an employee to turn over any sensitive materials before accepting a position with a competitor. Should a person retain possession of proprietary information, a company may choose to take steps to protect its business interests. Raytheon has filed a lawsuit against a former employee, accusing the man of theft of trade secrets.

According to reports, the man previously held a position at Raytheon and was given access to sensitive information on company projects. Upon deciding to resign from his position in 2009, the company claims the man signed a contract stating that he would turn over any company materials in his possession. However, while bidding on a project several years later, Raytheon asserts that it found out the man had retained possession of sensitive information.

Raytheon claims that the man had accepted a position with the rival company Lockheed Martin. While taking part in the bidding process, another Lockheed employee informed management that he found the man looking over a proprietary document belonging to Raytheon. Raytheon asserts that Lockheed contacted the company to inform them of the incident, and an investigation was initiated.

Many companies place a high priority on protecting sensitive information, and should a theft of trade secrets occur, litigation may ensue. Since similar matters can be complex, a person could benefit from speaking with an experienced attorney for guidance on the available options for legal recourse. An attorney in Florida can examine the circumstances a client is facing, assist in pursuing the compensation entitled through the necessary methods, and provide guidance on how to protect against a similar outcome in the future.

About the Author

William J. Cook

William J. Cook represents clients in matters involving business litigation and commercial and employment disputes, securities litigation, insurance, personal injury. Mr. Cook's peers have awarded him with the highest possible rating of AV-Preeminent* by Martindale-Hubbell, which speak...

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