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Trade Secrets

Police & Fire
North Jersey Soda Exec Confesses To Sharing Secret Formulas With Competitors, Feds Say North Jersey Soda Exec Confesses To Sharing Secret Formulas With Competitors, Feds Say
North Jersey Soda Exec Confesses To Sharing Secret Formulas With Competitors, Feds Say An executive from North Brunswick admitted to sharing secret soda formulas with his company's competitors, authorities said. Andrew Blum, 63, pleaded guilty on Tuesday, Nov. 12 to conspiracy to possess stolen trade secrets and possession of stolen trade secrets, New Jersey's U.S. Attorney Philip Sellinger said in a news release. Blum was the vice president of product development for an unnamed North Jersey-based maker of oil products and proprietary flavors from 2013 until Wednesday, Dec. 12, 2018. The parent corporation of Blum's company was one of the world’s largest produc…

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by Chris Spiker