SIOUX FALLS, S.D. (AP) -- Sioux Falls-based ethanol producer Poet is accusing a former employee of using the company's trade secrets to drive up the price it paid for corn.
The Argus Leader says the company has filed a lawsuit against Jodi Heath of Leo, Ind., alleging that she stole trade secrets and broke a promise to not work for a competitor within two years of leaving Poet. Heath declined comment.
Heath was commodities manager for Poet's plant in North Manchester, Ind., from 2008 through August, when she went to work for Interstate Commodities Inc.
Poet's lawsuit accuses Heath of e-mailing herself information about production costs at the plant and using it to calculate the maximum amount the plant would pay for corn at any given time.
Poet wants Heath forced from her job at Interstate and also monetary damages.
Information from: Argus Leader, http://www.argusleader.com
Copyright 2010 The AP.