Omnova says Parachem, ex-employee involved in trade secrets violations

FAIRLAWN, Ohio (May 18)—Omnova Solutions Inc. has filed a federal complaint against a competing company and a former employee for misappropriation of trade secrets. The complaint, filed April 25 in U.S. District Court, District of South Carolina, in Greenville, alleges that Simpsonville, S.C.-based Parachem Southern Inc. and the former Omnova employee violated the South Carolina Trade Secrets Act. The employee, who worked in the Performance Chemicals segment, also breached a confidentiality agreement with the company, Omnova said. A trial date for the case has not yet been set.