B.C.-based businessman and employees ordered to pay $330m

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A judge has ordered a Canadian businessman and several of his employees to pay a total of more than $330 million for profiting from the theft of technology related to the separation of sex chromosomes from bull semen. B.C. Supreme Court Justice Shelley Fitzpatrick ordered Jesse Zhia-Bhei Zhu and his IND group of companies to pay nearly $270 million to XY LLC, a Delaware-based firm that has the rights to the technology. The judge also ordered Jin Tang and Zhenya Zhang, two of Zhu’s employees, to pay XY another $60 million for what the plaintiff’s lawyers called a fraud on an “epic” scale. The $330 million is believed to be one of the largest awards in a Canadian court.

By: Keith Fraser
Read the full article at the Vancouver Sun.