Former Genentech Scientist, Husband Plead Guilty To Stealing Trade Secrets, Sharing With Competitors
CBS SF Bay Area 15 hrs ago Syndicated Local – CBS San Francisco
SOUTH SAN FRANCISCO (CBS SF) – A former scientist with South San Francisco-based Genentech and her husband pleaded guilty to stealing company secrets and sharing them with competitors, federal authorities said.
Xanthe Lam, a former principal scientist with the biotech giant, along with her husband Allen Lam, pleaded guilty to conspiracy and other charges on Tuesday, according to Northern California acting U.S. Attorney Stephanie Hinds.
“This United States Attorney’s Office will always aggressively prosecute theft of corporate trade secrets to protect innovation, a crown jewel of our District,” Hinds said in a statement.
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