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Fighting Accusations of Philadelphia Corporate Espionage

March 21, 2024 Uncategorized

Fighting Accusations of Philadelphia Corporate Espionage

Getting accused of corporate espionage can be scary. It can feel like your career or even freedom is on the line. But with the right legal help, you can get through this. In this article, we’ll break down what corporate espionage is, what the consequences can be, and most importantly—your defense options if you’re facing accusations in Philadelphia.

What is Corporate Espionage?

Corporate espionage is when someone steals trade secrets or other confidential info from a company to benefit a competitor. It’s also called industrial espionage or economic espionage[1].

Some examples are:

  • Stealing formulas, manufacturing processes, or product designs
  • Accessing pricing info, customer lists, or marketing plans
  • Hacking into company computers to get data
  • Bribing employees for inside information

The info doesn’t have to be physical documents or files. It could be any kind of proprietary or sensitive info that gives a company an advantage. And the “spy” could be a competitor, foreign government, or even an employee[2].

Corporate espionage is a big deal. Theft of trade secrets costs US companies billions per year[3]. It undermines their competitive edge that they’ve worked hard for. That’s why both federal and state laws exist to punish it.

What Are the Consequences?

Under the federal Economic Espionage Act, corporate espionage can lead to:

  • Up to 10 years in prison
  • Fines up to $5 million for individuals, $10 million for organizations
  • Getting banned from working in your industry[4]

If the theft benefits a foreign government, the penalties go even higher—up to 15 years in prison and $5 million in fines[5].

In Pennsylvania, corporate espionage violates trade secret laws. It can mean:

  • 2-7 years in state prison
  • Fines up to $50,000

Companies often sue for damages too. If found guilty, you could owe millions in civil penalties. And there’s reputational harm—being branded a “corporate spy” kills job prospects.

What Should You Do if Accused?

First, don’t panic. Just because you’re accused doesn’t mean you’ll be convicted. About half of economic espionage cases end in plea bargains or dismissals. With an experienced legal team, you can avoid the worst outcomes.

Here are some tips if facing accusations:

Don’t try to handle this alone. Espionage cases are highly complex. Federal prosecutors have huge resources. You need top white collar crime lawyers on your side.

Remain silent. Anything you say can be used against you. Don’t speak to investigators until your attorney is present.

Act quickly. These cases move fast. The sooner you engage defense counsel, the better positioned you’ll be.

Do comply with orders. If you get a subpoena or search warrant, cooperate within your rights. Don’t obstruct justice.

Watch what you say. Discuss the case only with your lawyers. Conversations, emails, texts can all be monitored.

Begin gathering evidence. Your lawyers will start building a defense right away. Help them by preserving documents, emails, any proof of innocence.

Consider independent analysis. You may want forensic experts to analyze devices, accounts, and data flow. A technical perspective could weaken the prosecution’s arguments.

Look closely at the motives. Who stands to gain from accusing you? Discrediting the source can be an effective strategy.

Highlight your character. If you have a long career with no prior offenses, that works in your favor. Judges go easier on first-time offenders.

The most critical move is hiring experienced corporate espionage lawyers in Philadelphia. They will handle the complexities of the case while you focus on your future. With the right defense, the truth prevails. You can move past the accusations and regain your reputation.

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Todd Spodek

Founding Partner

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RALPH P. FRANCHO, JR

Associate

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JEREMY FEIGENBAUM

Associate Attorney

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ELIZABETH GARVEY

Associate

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CLAIRE BANKS

Associate

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RAJESH BARUA

Of-Counsel

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CHAD LEWIN

Of-Counsel

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