Paint chemist sentenced for selling secrets

December 8, 2010 11:39:39 AM PST
A former chemist for a northwest suburban paint manufacturing company has been sentenced to 15 months in federal prison for stealing trade secrets involving formulas, according to a federal press release.

David Yen Lee pleaded guilty in September to using Valspar Corp.'s computer network to download about 160 secret formulas for paints and coatings from Valspar's offices in Wheeling, the release said.

Lee, 54, formerly of Arlington Heights and currently of Jersey City, N.J., was sentenced by U.S. District Judge Robert Gettleman, who also ordered Lee to pay $30,975 to reimburse Valspar for the costs of its internal investigation.