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US district judge fines Sinovel

July 09, 2018 00:00:00


A US judge has ordered Sinovel to pay a $1.5 million fine after the company was convicted of charges that it stole trade secrets from Massachusetts-based AMSC.

US District Judge James Peterson in Madison, Wisconsin, also sentenced Sinovel Wind Group Co Ltd to one year of probation.

During the probation period, Sinovel must pay the unpaid balance of a $57.5 million settlement it struck with AMSC that was disclosed last week, reports Reuters.


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