TexasRSS

  • September 10, 2008

    On Remand, Court Tosses Bath Fixtures Antitrust Suit

    A federal judge on Tuesday dismissed without prejudice all claims in a consolidated suit accusing bath and kitchen fixture manufacturers of price-fixing, after an appeals court ruled the lower court had incorrectly refused the plaintiffs' previous bid for voluntary dismissal.

  • September 9, 2008

    Kerr-McGee Loses Appeal Over Natural Gas Royalties

    A federal appeals court on Monday upheld a lower court judgment that Kerr-McGee Oil & Gas Onshore LLC violated its lease agreements with landowners, customarily shortchanging lessors when paying royalties for natural gas liquids.

  • September 9, 2008

    Enron Judge OKs $668M Payout To Coughlin Stoia

    A judge has signed off on awarding plaintiffs counsel Coughlin Stoia Geller Rudman & Robbins LLP $668 million plus interest for its work on the Enron Corp. securities and Employee Retirement Income Security Act litigation — believed to be the largest award ever in a securities class action.

  • September 5, 2008

    Natural Health Execs Settle $2M Fraud Suit With SEC

    Two former officers at Natural Health Trends Corp. have agreed to settle a lawsuit with the U.S. Securities and Exchange Commission, which accused the defendants of netting roughly $2.5 million in secret payments from one of the company’s distributors.

  • September 5, 2008

    HP Pays Out $49M For Plaintiffs' Legal Fees

    Hewlett-Packard Co. has paid some $49 million in plaintiffs' attorneys' fees and expenses as part of settlements reached in a series of consumer class actions over allegedly defective floppy disk controllers.

  • September 5, 2008

    DataTreasury, BoNY Settle Check-Imaging Suit

    The Bank of New York Co. Inc. has become the third defendant in one week to settle claims in DataTreasury Corp.’s ongoing patent infringement suit over check-imaging and other banking technology, with the parties agreeing to drop the claims as part of a licensing deal.

  • September 5, 2008

    CWC Settles With 4 Cos. Over Online Sales Patent

    Patent-holding company Clear With Computers LLC has asked a federal court to dismiss its claims against four defendants in one of its lawsuits against dozens of retailers over two patents for online sales methods.

  • September 4, 2008

    City National Settles DataTreasury Patent Suit

    DataTreasury Corp. has reached another settlement in its ongoing patent infringement suit over check-imaging and other banking technology, agreeing to drop its claims against City National Corp. as part of a licensing deal.

  • September 4, 2008

    Tessera, Patriot Memory Settle DRAM Patent Dispute

    Tessera Technologies Inc. and Patriot Memory have signed a licensing agreement to end a patent spat over semiconductor technology, marking the second settlement in Tessera's wide-ranging suit.

  • September 4, 2008

    Executive Settles Bribery Charges With SEC, DOJ

    A former executive of global construction company Kellogg Brown & Root Inc. has reached a settlement on civil charges and has pled guilty to criminal charges that accused him of bribing Nigerian government officials to obtain $6 billion worth of contracts and defrauding his former employer in a $10.8 million kickback scheme.

  • September 3, 2008

    Ross Stores To Pay $1.2M To Settle Overtime Claims

    Ross Stores Inc. has agreed to pay $1.2 million to settle a lawsuit with current and former assistant store managers who claim the retailer misclassified them under federal labor laws and failed to pay them appropriate overtime wages.

  • September 3, 2008

    Compass Settles DataTreasury Check-Imaging Suit

    Compass Bancshares Inc. has become the latest company to settle a patent infringement suit over check-imaging technology brought by DataTreasury Corp.

  • September 2, 2008

    Grupo Mexico Committed Fraud V. Asarco: Judge

    A federal judge has ruled that mining company Grupo Mexico SA committed fraud against its subsidiary Asarco LLC when it shifted Asarco’s stake in lucrative Peruvian copper mines to another of its subsidiaries.

  • August 29, 2008

    Judge Drops 2 Patents In Medtronic Catheter Case

    In a boost for Boston Scientific Corp., a district judge has found two Medtronic Inc. patents covering angioplasty catheters and balloons unenforceable, citing inequitable conduct during the prosecution of the patents before the U.S. Patent and Trademark Office.

  • August 28, 2008

    Agere, Sony Reach Partial Agreement In Patent Suit

    Chip-maker Agere Systems Inc. and Sony Corp. have settled their dispute over two of Agere's patents covering radio and wireless network technology, which are part of a larger lawsuit in which Agere has accused Sony of extensively infringing its technology patent portfolio.

  • August 26, 2008

    Texas Settles Pollutants Lawsuit For $6.5M

    LyondellBasell Industries has agreed to pay $6.5 million to settle allegations that two of its subsidiaries repeatedly failed to prevent the release of harmful pollutants into the atmosphere at seven petrochemical plants in Houston and along the Gulf Coast.

  • August 26, 2008

    Motorola Settles Suit Over Cell Phone Signal Patent

    Patent-licensing company Digital Technology Licensing LLC has settled litigation against Motorola Inc. over a patent for signal coding technology used in cell phones.

  • August 25, 2008

    Exxon, EPA Settle For $2.6M Over Chemical Leakage

    Exxon Mobil Corp. has agreed to pay $2.64 million as part of a settlement with the U.S. Environmental Protection Agency over alleged leaks of a banned toxic chemical on an offshore oil and gas platform near the Southern California coast.

  • August 26, 2008

    BofA Wins $411M In Natural Gas Case

    A federal judge has awarded Bank of America NA $411 million after a three-year legal battle with American Electric Power Energy Services Gas Holding Co. over security interest in 55 billion cubic feet of natural gas in South Texas formerly owned by Enron.

  • August 22, 2008

    US Synthetic Settles National Oilwell Varco Units' Suit

    U.S. Synthetic Corp. has struck a settlement deal in an infringement suit filed by Grant Prideco Inc., ReedHycalog U.K. Ltd. and ReedHycalog LP over four patents related to diamond elements used in drill bits for oil and gas exploration.