TomorrowNow Pleads Guilty To Oracle Software Theft

Law360, New York (September 8, 2011, 11:08 PM EDT) -- Defunct SAP AG software unit TomorrowNow Inc. pled guilty Thursday in California federal court to criminal charges stemming from illegal downloads of Oracle Corp. proprietary information that led to a $1.3 billion jury verdict for Oracle in November.

TomorrowNow agreed to plead guilty to 11 counts of unauthorized access to a protected computer with intent to defraud and obtain something of value and one count of criminal infringement of a copyright, according to the stipulation filed with the Northern District of California.

The plea agreement with...
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.