Without further ado, in this edition:
- Soverain Software Files Certiorari Petition with Supreme Court
- Acacia Research Re-Branding Launch
- Survey Shows Majority Not Familiar with New gTLDs
- University of South Florida Launches Revenue Incentive Patent Cost Sharing Program
- Mark Cuban Cleared of Insider Trading
- European Patent Convention Celebrates 40 Years
- John Marshall Law School Hosts IP Symposium – November 8, 2013
- ALS Goes Into Remission with Steroid Treatments?
- Trade Secret Hacking Case Results in 5 Year Prison Term
Trade Secret Hacking Case Results in 5 Year Prison Term
A civil trade secret theft case initiated by Dallas attorney Matthew Yarbrough has resulted in a five-year federal prison term for a former North Texas CEO following his conviction for computer hacking. Michael Musacchio, 62, was sentenced to 63 months in federal prison on Sept. 5 by U.S. District Court Judge Jorge A. Solis of Dallas. Mr. Musacchio was convicted of hacking the computer system maintained by his former employer, Exel Transportation Services, and using related trade secrets at a new company, Total Transportation Services LLC of Frisco.
The criminal case was based on a trade secret theft lawsuit filed back in 2006 by Mr. Yarbrough, which resulted in a $10 million settlement against Total Transportation Services.
Written by Gene Quinn
President & Founder of IPWatchdog, Inc.
Patent Attorney, Reg. No. 44,294
Zies, Widerman & Malek