Madison
84° F
Mostly Cloudy
Mostly Cloudy
Advertisement

Grand jury indicts Chinese company

Published On: Jun 27 2013 06:40:45 PM CDT
Updated On: Jul 08 2013 09:43:26 AM CDT

istock

MADISON, Wis. -

A federal grand jury in Wisconsin has indicted a Chinese wind turbine company and three individuals for allegedly stealing trade secrets from an American software company.

The indictment handed up in Madison alleges Sinovel Wind Group and the three individuals stole proprietary wind turbine software technology from Massachusetts-based AMSC, formerly known as American Superconductor Inc., cheating the American company out of more than $800 million.

It alleges the defendants stole software that was developed in Wisconsin by downloading it from an AMSC computer in Middleton, Wis., to a computer in Austria.

None of the individual defendants is in custody. The Justice Department says two of them are Sinovel Wind Group employees who live in China, while one who now lives in Serbia formerly worked for an AMSC subsidiary in Austria.

Advertisement
  • Get your weather app

    Channel3000.com and WISC-TV3 deliver local forecasts, live radar, school closings and alerts for Madison and South Central Wisconsin to iOS or Android devices.

  • Learn more about WISC-TV

    Meet the News 3 staff, learn about our newscasts, search our job postings and find out how to contact us.

  • Jake & Duke DeForest

    Jake & Duke DeForest

    Your pet photos

    Email us a picture of you and your pet and we'll use it in out Pet Walk segment which airs every weekday morning at 6:40. Include your name, your pet's name and where you're from. Email to petwalk@wisctv.com.

Advertisement