Federal judge fines Chinese wind turbine maker $1.5 million

Federal judge fines Chinese wind turbine maker $1.5 million

6 years ago
Anonymous $cyhBy-qkd5

https://apnews.com/578e4452fffc4ac2b0744b1b56c925ef

MADISON, Wis. (AP) — A federal judge in Wisconsin fined a Chinese wind turbine manufacturer Friday for stealing trade secrets from a Massachusetts-based technology company, wrapping up an investigation that spanned three countries.

U.S. District Judge James Peterson fined Sinovel Wind Group $1.5 million and placed the company on probation for a year. Prosecutors charged the company with conspiracy, theft of trade secrets and wire fraud in 2013. A jury in Madison convicted Sinovel in January following an 11-day trial. The $1.5 million fine is the maximum amount Peterson could have levied.