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Employee fired, prosecuted for taking former employer’s confidential information with him

An executive asks and is given for confidential sales information, marked as “confidential” and with a request not to distribute it.

Not long afterwards, the executive quits and takes a similar position with a competitor of his former employer.

Shortly after that, on his own initiative, he gives the confidential information to his new employer.

That gets him fired by his new company — and prosecuted for criminal theft of trade secrets by the U.S. Attorney’s office.

In a nutshell, that’s what allegedly happened with Atul Malhotra, who has been indicted for giving IBM confidential information to HP. See the write-up in Wired magazine and the charging document filed in court.