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Thursday, July 6, 2006
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News

ABC News announced today that three suspects were arrested yesterday in connection with the theft and attempted sale of Coca-Cola trade secrets.  It is alleged that Joya Williams, a Coca-Cola executive’s administrative assistant, stole confidential corporate documents and a sample of a new soft drink being developed.  It is also alleged that with two co-conspirators, they attempted to sell these highly valuable trade secrets to Coke’s number one competitor, PepsiCo.  The important item from this news story is not just that the three have been caught with what appears to be heavily incriminating evidence, but that the investigation was prompted by Pepsi.  Immediately after receiving a letter offering to sell PepsiCo the trade secrets, they notified Coca-Cola and worked with the FBI in their investigation into the crime.  “Competition can sometimes be fierce, but also must be fair and legal,” remarked Pepsi spokesman Dave DeCecco.

Posted by: Deezle at 09:10 AM • Comments: 0