South Korea-based Kolon Industries does have to pay $919 million to DuPont, a federal judge ruled yesterday, for the lost trade-secrets suit DuPont filed against Kolon.
The News Journal reports a judge refused to overturn the ruling after a jury ruled that Kolon had hired a former DuPont employee to steal confidential information and help develop its own type of Kevlar, the material used in body armor and law enforcement uniforms.
That employee was sentenced to prison after pleading guilty.
There is still one matter left to decide. A trial is scheduled for the spring in Kolon’s suit against DuPont for attempting to monopolize the Kevlar market.