[tps_title]2. Avery Dennison Corp Vs Pin Yen Yang (Four Pillars)[/tps_title]
In 1997, Pin Yen Yang, President of Four Pillars, a Taiwanese company that makes and sells pressure-sensitive products, and his daughter Hwei Chen Yang, were arrested and charged with a smorgasbord of offenses related to industrial espionage against Avery Dennison Corp, a major US adhesives company.
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In 1999 they were convicted of paying an Avery Dennison employee a reported $150,000 for proprietary information received over an eight-year stretch, causing the company tens of millions of dollars in losses. Sticky business indeed.
