Wednesday, July 12, 2006, 7/12/2006 08:13:00 AM

Indictments in Coke Case

From the Associated Press via Forbes.com, rounding out last week's big story, a federal grand jury indicted three people yesterday on a conspiracy charge alleging they tried to sell Coca-Cola trade secrets to Pepsi and were willing to give the information to the "highest bidder." The three pleaded not guilty.

Some interesting details emerged in the indictments: a box containing two undisclosed Coca-Cola product samples and other confidential company documents was found in one of the individual's homes during search on July 5, the day of the original arrests. The product relates to a mysterious and as-yet unidentified "Project N" at Coke.

One of the individuals indicted was the secretary for Coke's global brand director. The other two had served time in federal prison on various drug offenses.

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