Siemens Will Pay $104M For Stealing GE, Mitsubishi Secrets
By Hailey Konnath ( September 30, 2024, 10:27 PM EDT) -- Siemens Energy on Monday pled guilty to wire fraud and agreed to pay $104 million to put to rest federal prosecutors' case accusing the company of misappropriating the confidential information of General Electric and Mitsubishi, a plea deal that comes after multiple former Siemens executives pled guilty in related cases....
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