USA, Trade Secrets: United States v. Pu, United States Court of Appeals, Seventh Circuit, No. 15-1180, 24 February 2016
Factual findings did not support a district court’s conclusion that a former analyst for two financial services companies intended to cause a loss of $12 million when he unlawfully copied proprietary computer files and used the data to conduct computerized stock market trades for himself. A 36-month prison sentence based on the erroneous intended loss…