Jury Awards DuPont $920 Million in Trade Secrets Case
11:40 AM MDT | September 26, 2011 | Vincent Valk
A federal jury has awarded DuPont $919.9 million in compensatory damages in a lawsuit against Kolon Industries over the theft of trade secrets and confidential information related to DuPont’s aramid fiber technology. Aramid fiber, invented by DuPont in the 1960’s, is sold by DuPont under the trade name Kevlar and is one the firm’s most iconic brands. sager: Egregious trade secrets theft. Kolon (Gyeonggi-Do, South Korea) says the case is part of a “multiyear campaign by DuPont aimed at forcing Kolon out of the aramid fiber market,”...
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