The man accused of conspiring to sell DuPont trade secrets to a Chinese government-controlled company has agreed to engage in settlement negotiations with federal prosecutors, according to a court order Friday.
An order signed by U.S. District Judge Jeffrey White directed that all the parties in the trade secrets criminal prosecution to meet with Magistrate Judge Laurel Beeler in an effort to reach a plea deal.
Liew, his wife Christina Liew and China’s Pangang Group Co., along with Robert Maegerle were accused of conspiracy and lying to authorities as well as witness tampering in connection with the alleged theft of valuable chemical trade secrets from DuPont.
The trade secrets related to a process used to create white pigment for paint, plastic and paper. It is known as titanium dioxide technology, (TiO2), and was allegedly stolen for use in China.
Liew has been in custody for nearly two years awaiting trial. His repeated attempts to win release on bail have failed.
Assistant U.S. Attorney John Hemann has argued that Liew’s companies received almost $28 million from TiO2 customers and that he moved $22.5 million from the U.S. to six shell companies in Singapore.
Case: U.S. v. Liew, No. CR11-573JSW