Two former Louisville-based magnetics company officials charged with sending confidential information about military equipment to China have been sentenced by a federal judge.
Phil Pascoe, the former president of Quadrant Magnetics' local office, will spend 19 months in a prison close to his home in Floyds Knobs, Indiana, according to court documents filed in late October. Scott Tubbs, a former vice president with Quadrant, was also sentenced to three years probation.
Pascoe and Tubbs both pleaded guilty in 2024 to conspiracy to commit fraud, with a possibility of up to five years in prison. A separate case against the company ended in a mistrial in March .
In their pleas, the two men had acknowledged knowingly sending confidential technical information provided by two other compa

 Courier Journal

 WBKO
 KSL Utah
 The Daily Beast
 AlterNet
 CNN
 Reuters US Business
 ESPN NFL Headlines
 RadarOnline
 Raw Story