The U.S. Supreme Court will hear arguments Tuesday in a patent dispute between Life Technologies Corp. and Promega Corp., a case that will decide the level of potential infringement exposure companies face when exporting components of a patented invention and could allow patent owners to collect greater damages, experts say.
Core Wireless Licensing SARL told a California federal jury during opening arguments Monday that Apple Inc. owes up to $24 million for infringing two of its wireless network patents, saying its technology is what makes iPhones and iPads work "whenever, and wherever."
A shareholder of online game maker Zynga Inc. saw his derivative suit revived by the Delaware Supreme Court on Monday when a panel found several Zynga directors couldn’t impartially hear his concerns over a secondary offering before the filing of a lawsuit.
The Public Company Accounting Oversight Board on Monday snagged a record $8 million fine and certain rare admissions of wrongdoing from a Brazilian unit of Deloitte, including that senior management tried to thwart a PCAOB investigation into its accounting for a Brazilian airline.
The U.S. Securities and Exchange Commission on Monday awarded one of its top 10 awards to a whistleblower for providing information that led to a successful enforcement action, bringing the program’s total endowment to approximately $135 million.
The D.C. Circuit agreed Monday to pause the Obama administration’s appeal of a district court’s ruling in the GOP-led U.S. House of Representatives’ lawsuit that certain Affordable Care Act subsidies are illegal until President-elect Donald Trump has been sworn in.
Credit Suisse AG's American brokerage arm entered a $16.5 million settlement with the Financial Industry Regulatory Authority on Monday after the regulator found the bank had overlooked money laundering red flags and failed to scrutinize microcap transactions.
By Sindhu Sundar