Siemens Energy to Pay $104 Million in DOJ Trade Secret Probe

By Sabrina Willmer Signage stands above the entrance to a Siemens AG gas turbine factory in Berlin, Germany (Bloomberg) — A US subsidiary of Siemens Energy AG agreed to pay $104 million to resolve a criminal investigation into misappropriating confidential information from competitors to win a bidding process. The US Justice Department accused Siemens of “illicitly … Read more