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Shareholders Seek To Reclaim Cityhub Search Patent

By Brendan Pierson (July 1, 2009, 12:00 AM EDT) -- Shareholders of defunct local search service provider Cityhub.com Inc. are accusing the company's former director of breaching his fiduciary duty by dissolving the company and assigning a valuable company-owned patent to another company he controlled without the shareholders' consent, and then infringing the patent by using it to obtain settlements with Verizon Communications Inc. and Idearc Information Services inc....

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