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Qualcomm has not only leveraged its market power to demand high royalties for its essential products but also blocked competitors from selling the chipsets used in Apple's products, the suit says. (AP)

Apple Sues Qualcomm Over Royalty 'Extortion,' $1B Withheld

Apple accused Qualcomm on Friday in California federal court of illegal business practices, overcharging Apple “billions of dollars” in royalties, withholding nearly $1 billion in rebates and trying to extort Apple after it cooperated in a Korean regulator’s investigation into the chipmaker’s licensing practices.

  • Among Trump's First Orders Is One To Ease ACA Regulations

    President Donald Trump got to work on his first day in office, signing executive orders including one that aims to “ease the economic burdens” of the Affordable Care Act in advance of its promised repeal, according to reports on Friday.

  • Merck Pays Bristol-Myers $625M In Cancer Treatment IP Row

    Merck will pay Bristol-Myers Squibb $625 million to end an ongoing intellectual property battle over an immunotherapy cancer treatment, the companies announced on Friday, ending multiple cases including three lawsuits in Delaware federal court and setting up a 10-year licensing agreement.

  • Mitsubishi To Pay $75M To End Direct Buyers' CRT Claims

    Direct buyers of Mitsubishi televisions urged a California federal judge Thursday to approve the company's agreement to resolve their antitrust claims for $75 million in the sprawling cathode ray tube price-fixing multidistrict litigation.

  • Societe Generale Owes $50M For Lying About $780M In RMBS

    Paris-based bank Societe Generale will pay $50 million to settle claims that it lied to investors about $780 million in residential mortgage-backed securities, the U.S. Department of Justice said Friday.

  • Senate Approves Defense Sec. As 1st Trump Cabinet Member

    The Defense Department will have a new head, as the Senate approved the nomination of a former Marine general hours after President Donald Trump was sworn in Friday, the first member of the new president’s cabinet.

  • FCC’s Pai To Be Named New Permanent Chairman Of Agency

    Republican Commissioner Ajit Pai of the Federal Communications Commission will be named its new permanent chairman, a former FCC official familiar with the matter confirmed Friday to Law360, elevating an Open Internet Order critic and launching a new era in telecom policymaking.

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In The Polarized Era Of Trump, BigLaw Searches For Balance

By Brandon Lowrey

The alignment of law firms with or against the new administration in legal battles to come could open rifts among attorneys and clients. But the publicity earned for taking on a potentially unpopular case could ultimately be worth any public fallout.