Sinovel Corporation and Three Individuals Charged in Wisconsin with Theft of Amsc Trade Secrets

06/27/2013 05:00 PM EDT

A manufacturer and exporter of wind turbines based in the People’s Republic of China, two employees of that manufacturer and a former employee of a subsidiary of AMSC, a United States-based company formerly known as American Superconductor Inc., were charged today with stealing trade secrets from AMSC causing an alleged loss of more than $800 million to the company.

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