Triumph Group Says All Criminal Proceedings in MS Closed; Civil Actions Still Pending
Triumph Group (NYSE: TGI) today announced that the United States District Court for the Southern District of Mississippi dismissed in their entirety the indictments of five engineers employed with the company's subsidiary, Triumph Actuation Systems, LLC, who were former employees of Eaton Aerospace, LLC. Those indictments had charged the engineers with trade secret misappropriation, conspiracy to misappropriate trade secrets, and mail and wire fraud. This dismissal occurred at the request of the government and brings to a close all criminal proceedings in Mississippi.
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