In Pictures: The 9 ugliest allegations of China-ba...
WHAT HAPPENED: An employee of the Chicago-area paint company was arrested in March 2009 for stealing technical details on Valspar's products from his workplace. He'd accepted a job offer as an R&D executive with the Shanghai branch of Japanese Nippon Paint just before the theft, unbeknownst to his previous employers.
FALLOUT: The employee, David Yen Lee, was sentenced to 15 months in prison for the theft in December 2010. Nippon Paint hasn't been charged in the case.
In Pictures: The 9 ugliest allegations of China-based IP theft