Broadcom Moves To Dismiss Emulex Antitrust Suit

Law360, New York (February 8, 2010, 2:17 PM EST) -- Broadcom Corp. has asked a judge to toss an antitrust lawsuit brought by Emulex Corp. alleging that Broadcom made misleading and disparaging statements about Emulex during a tender offer in an effort to monopolize the market for an Ethernet controller.

In two separate motions to dismiss filed Thursday in the U.S. District Court for the Central District of California, Broadcom asked the court to reject Emulex’s claims that Broadcom’s public statements constituted defamation and toss the entire first amended complaint.

Costa Mesa, Calif.-based Emulex filed the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.