SAC Capital Advisors LP portfolio manager Michael Steinberg knew information he traded on came from a source within Dell Inc., his former analyst testified Wednesday at Steinberg's insider trading trial in Manhattan federal court.
The release of hundreds of new generic top-level domains, which got underway this week, poses many new trademark and cybersquatting risks for brand owners. Whether they opt to buy up the new online real estate or pay to police it, protecting a brand name has now become that much tougher.
EMusic founder Bob Kohn sought permission Wednesday to appeal a New York federal court's denial of his request to expand discovery as it mulls final approval of government settlements with Penguin Group USA Inc. and Macmillan Publishers USA for their roles in an e-book price-fixing conspiracy with Apple Inc.
Hospitality software firm Micros Systems Inc. was hit Wednesday with a proposed class action in Tennessee federal court, in which the company is accused of violating the Fair Labor Standards Act, the California Labor Code and California Unfair Competition Law by not paying workers required overtime wages.
Boston private equity firm TA Associates has completed a majority investment in Texas-based real estate and facilities management software solutions provider Accruent LLC, the companies said recently, giving TA Associates a dozen major acquisitions on the year.
Luxembourg cable and telecommunications company Altice VII Sarl said Wednesday it will pay Orange SA about $1.4 billion for mobile operator Orange Dominicana SA, in a deal that nets Altice a firm boasting 3.4 million total subscribers as of September 2013.
Vivendi SA will spin off Internet and mobile unit SFR as the French mass media and telecommunications giant continues to pare itself down in a move to focus on becoming an international producer and distributor of original content, the company announced Wednesday.
Public documents for Violin Memory Inc.'s $146 million initial public offering concealed the data storage firm's revenue and sales issues stemming from the U.S. government fiscal crisis, according to a Tuesday class action that lists J.P. Morgan Securities LLC and other bank underwriters as defendants.
Turkish mobile phone operator Turkcell Iletisim AS said Wednesday that it has launched a $4 billion lawsuit against MTN Group in a South African court alleging the company bribed officials to participate in Iran’s second mobile phone network.
More than a half-dozen private equity firms are looking at the $1.5 billion water technologies unit of chemical supplier Ashland, while Compuware could finally bow to activist pressure amid a surge in interest from prospective buyers.
A California federal judge on Tuesday refused to dismiss claims against Hewlett-Packard Co. CEO Meg Whitman in a shareholder class action over the company's $11 billion acquisition of British software company Autonomy Corp., finding evidence she may have misled shareholders over the purchase. (Correction: An earlier story omitted information about shareholder claims continuing against Whitman and misstated the case caption. These errors have been corrected.)
A United Nations panel on Tuesday responded to months of disclosures about U.S. spying activities by unanimously adopting a general resolution declaring that “unlawful or arbitrary” government surveillance violates the international human rights to privacy and freedom of expression.
Verizon Communications Inc. on Tuesday asked the D.C. Circuit not to revive a qui tam relator's second False Claims Act suit accusing the company of fraudulent billing practices, saying the case was virtually similar to his prior case, which ended with Verizon paying a $93.5 million settlement.
The Electronic Privacy Information Center on Tuesday sued the U.S. Department of Justice in D.C. federal court, saying it violated the Freedom of Information Act by ignoring its requests for records regarding the legal authority for the National Security Agency’s collection of people’s communications from leading Internet companies.
A U.K. privacy advocate on Tuesday pushed the data protection authorities of France, Spain and a dozen other European countries to investigate a recent policy change that allows Google Inc. to feature adult users' profiles in advertisements, saying the revisions “substantially violate” privacy law.
A federal trademark appeals panel refused a registration last week on the name of audio equipment startup Grain Audio, affirming an examiner's ruling that it was too close to the already registered “EGRAIN.”
Hitachi Ltd. agreed to a share transfer buyout of ATM provider Prizm Payment Services Pvt. Ltd. for an undisclosed amount, as the Japanese company expands deeper into India, Hitachi said Tuesday.
Gains from the sale of a wholly owned subsidiary qualify as business income under Arizona tax law, a state appeals court ruled on Tuesday.
The Electronic Frontier Foundation on Tuesday asked the D.C. Circuit to reverse a lower court’s dismissal of its Freedom of Information Act suit seeking a document containing the DOJ's legal advice to the FBI on a now-discontinued telephone surveillance program.
A California federal judge on Monday rejected a request by Samsung Electronics Co. Ltd. to stay its smartphone patent dispute with Apple Inc. in light of a preliminary ruling that a key Apple patent is invalid, saying that delaying the case will harm Apple.
Few brands have the expertise themselves to create a compelling loyalty program from scratch. The IT demands alone are daunting. And the rewards catalog has to be attractive, with goods, services or experiences that appeal. But on top of the basics of the program itself, a truly successful loyalty program has to be integrated throughout the customer experience with the company's advertising, website, in-store sales and increasingly through mobile channels, says Jonathan Lemberg of Farella Braun Martel LLP.
It’s not too surprising that the marriage of a police officer and a prisoner would have adverse employment consequences, but nothing in the law distinguishes that marriage from one between law-abiding executives at Coke and Pepsi. While Coke might not fire an employee for marrying an executive at Pepsi, in most states, it could, says John Connolly of Zuckerman Spaeder LLP.
Approximately 25 insurers now offer cyber insurance, and all these carriers offer coverage for both first-party and third-party losses. The market is very dynamic, with coverage varying from insurer to insurer. In some instances, the policy offered is not even named a “cyber policy,” say L.D. Simmons and Josh Davey of McGuireWoods LLP.
On Oct. 22, the National Institute of Standards and Technology released its preliminary cybersecurity framework to help owners and operators of critical infrastructure manage cyber-risk. President Obama has made clear that the actions called for are voluntary, yet the potential provision of incentives may place those organizations that do not comply at a competitive disadvantage, say attorneys with Jones Day.
Assuming antitrust authorities or courts find that Google Inc. engaged in exclusionary acts, five potential antitrust remedies may be appropriate, says Samuel Miller of Sidley Austin LLP.
Among 10 battle-proven strategies for getting your witnesses ready for trial is to role-play the cross-examiner. For instance, if you expect the cross-examiner to yell, get in the witness’ face or use scathing sarcasm, do that during practice to minimize surprises at trial, say Dawn Solowey and Lynn Kappelman of Seyfarth Shaw LLP.
For those who submitted or are on the receiving end of formal objections to proposed new generic top-level domains, there are strategies and tips that can be gleaned from how such objections have been handled. The positive and negative decisions thus far illustrate some noteworthy themes, say Bobby Ghajar and Robert Burlingame of Pillsbury Winthrop Shaw Pittman LLP.
Recent events, from the Westgate Mall attack in Nairobi to the Lac-Mégantic train derailment in Quebec, underscore the need for in-house counsel to keenly weigh risks and benefits for their companies doing business on a multinational scale. There are a number of best practices to consider that set the right tone for mitigating risk, whether you are doing business in one or hundreds of locations around the world, says Veta Richardson, president and CEO of the Association of Corporate Counsel.
Massive telecom consolidation has breathed new life into an otherwise slow year for mergers and acquisitions. Although the recent deals bring value to the M&A industry, nonetheless, the number of overall M&A transactions has significantly decreased. There is some optimism that the recent mega-deals in Q3 are indicators of a changing climate, but it is unclear if deal flow will ever return to pre-2009 levels, says Harvey Cohen of Dinsmore & Shohl LLP.
The expansion of the California breach notification law to cover user names and email addresses may have a significant influence nationwide, aiding a broader movement to pass similar amendments to the existing breach laws in 45 other states and to proposed federal breach notification legislation in Congress, say Paul Martino and Dominique Shelton of Alston & Bird LLP.