Grand jury reportedly investigates hotel trade-secrets feud

10/7/2009 | Wall Street Journal, The

A federal grand jury has reportedly taken up the issue of whether criminal charges should be filed against Hilton Worldwide for allegedly stealing trade secrets from competitor Starwood Hotels & Resorts and using them in the development of its own luxury brand. Several former Starwood executives who defected to Hilton last year allegedly took thousands of pages of confidential documents with them in order to help build a Hilton brand to compete with Starwood's popular W brand.

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Wall Street Journal, The

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