DuPont Files Federal Lawsuit to Protect Titanium Technologies Intellectual Property

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Apr 06, 2011, 05:05 ET

WILMINGTON, Del., April 6, 2011 /PRNewswire/ -- DuPont (NYSE: DD) today filed a lawsuit against USA Performance Technology, Inc. (USA PTI), Performance Group (USA) Inc. and two individuals for allegedly misappropriating trade secrets and proprietary information related to the DuPont Titanium Technologies business. The suit was filed in U.S. Federal Court for the Northern District of California.

DuPont is the world's largest manufacturer of titanium dioxide, a white pigment commonly used in coatings, plastics, paper as well as a variety of other applications. The suit seeks an injunction requiring the return of all misappropriated confidential or trade secret information and prohibiting the use or release of DuPont's proprietary information. The suit also seeks unspecified monetary damages and fees and costs.

"As a market-driven science company, DuPont's action underscores our commitment in protecting proprietary information for the benefit of our shareholders, employees and customers," said Senior Vice President and General Counsel Thomas L. Sager. "We are taking action to ensure that our trade secrets remain protected. DuPont is working closely with law enforcement authorities with information regarding this matter. We will pursue all appropriate remedies available to address the misappropriation and those responsible."

DuPont is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

SOURCE DuPont