September 25, 2019

Wellington biologics company fined $2M from lawsuit

FORT COLLINS — A federal court has found a former employee at a Fort Collins biologics company illegally stole his former employer’s secrets when he formed a competing firm.

The Coloradoan reports the court fined Thomas Kutrubes just over $2 million for stealing confidential secrets and customer lists to start the Wellington company Peak Serum Inc., while claiming Peak was a sister company to his old employer.

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FORT COLLINS — A federal court has found a former employee at a Fort Collins biologics company illegally stole his former employer’s secrets when he formed a competing firm.

The Coloradoan reports the court fined Thomas Kutrubes just over $2 million for stealing confidential secrets and customer lists to start the Wellington company Peak Serum Inc., while claiming Peak was a sister company to his old employer.

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