Federal prosecutors in Brooklyn are gearing up to try an Italian citizen who allegedly created a global network of infected computers to fuel a "click fraud" scheme against advertising companies, a first-of-its-kind trial experts say will mark a pivotal test of the government's ability to tie individuals to complex cybercrimes that are growing in both size and sophistication.
New York-based investment startup LedgerX announced Monday that it is the first to get approval to operate a federally regulated exchange and clearinghouse for derivatives contracts that trade in digital currencies like bitcoin.
An AIG affiliate urged the Ninth Circuit on Friday to reconsider a ruling that left it on the hook for $8.6 million for infringing a patent by software company Magma Design Automation Inc., saying the court hadn’t fully considered a phone call that could turn the case on its head.
A visual effects company embroiled in litigation over whether it owns five patents covering Academy Award-winning movement capture technology sued three more companies including Fox and Paramount Pictures on Monday, alleging they infringed the patents by working with a thief who stole the technology.
A Missouri federal judge on Monday excluded certain billing disputes as untimely from a lawsuit launched by Level 3 Communications and others against the Illinois Bell Telephone Company and multiple other state Bell entities, altering a decision back in April to keep the case mostly intact.
A New York federal judge recently ruled that a thief's use of emails to trick employees of Medidata into wiring money overseas was a covered incident under the company's computer fraud policy, weakening insurers' arguments that such coverage is meant to apply only to hacking into policyholders' computers.
The Federal Circuit on Monday ruled a patent related to GPS technology was invalid, affirming a pair of Patent Trial and Appeal Board inter partes review decisions that found the patent’s claims would have been obvious.
SAS Institute Inc. has kicked off arguments at the U.S. Supreme Court in a case that will require the justices to decide whether the Patent Trial and Appeal Board can choose to review only some patent claims challenged in America Invents Act reviews, arguing the practice doesn’t jibe with the AIA’s goals.
Swiss asset manager Partners Group said Monday that it has agreed to buy information technology services provider Civica from an affiliate of the Ontario Municipal Employees Retirement System in a deal valuing the company at just over £1 billion ($1.3 billion), including debt.
U.S. Citizenship and Immigration Services said Monday that it will immediately restart “premium processing” for cap-exempt H-1B visa petitions for high-skilled workers, marking the next stage in the resumption of expedited service after it was suspended in April.
Sprint Spectrum urged the Federal Circuit Friday to recall a decision affirming a $30 million infringement verdict against it in a suit from Prism Technologies over two network security patents, saying another Federal Circuit panel held the same patent claims at issue are invalid under the U.S. Supreme Court’s Alice ruling.
A D.C. federal judge on Monday shot down the Electronic Privacy Information Center’s bid to stop the president’s voter fraud commission from collecting state voter records, saying the organization has standing to bring the action, but it’s a “Pyrrhic victory” because the court lacks authority to review the challenged process.
The Federal Circuit on Monday affirmed the Patent Trial and Appeal Board’s determination that the asserted claims of a Think Computer Corp. patent covering an electronic payment system were invalid as obvious.
Google Inc. and a proposed class of non-Gmail users accusing the internet giant of unlawfully scanning their emails are back with another proposed $2.2 million settlement, filed Friday, after a California federal judge struck down the original proposal in March.
Taxpayers and tax lawyers protesting IRS decisions may soon be able to meet with agency representatives from the comfort of their own homes or offices, the IRS revealed on Monday, announcing plans to introduce video conference technology as another alternative to in-person sit-downs.
The U.S. International Trade Commission has refused to suspend an import ban imposed on some of Arista Networks’ computer networking switch products after the Patent Trial and Appeal Board invalidated two Cisco Systems patents that the ban was intended to protect.
Although cybersecurity is on the radar of real estate firms, many haven’t done adequate due diligence and lack appropriate security and insurance, and all too often they wait until an attack occurs to make a change, KPMG partner Michael Smith told Law360 in a recent interview.
A proposed class of shareholders for ARI Network Services Inc. launched a lawsuit in Wisconsin federal court, accusing the software tools and marketing services provider of leaving out key information in disclosures related to the company’s $140 million sale to private equity firm True Wind Capital Management LLC.
BigCommerce Inc. objected on Friday to a magistrate judge’s report that found the e-commerce software company had waived its venue defense in its bid to toss a website host’s patent infringement suit, arguing that it couldn't have predicted the U.S. Supreme Court's May ruling in TC Heartland and made the argument earlier.
For private fund advisers that are registered with the U.S. Securities and Exchange Commission, valuation will always be a key component of any exam. Over the past year, the SEC has requested information from mutual fund companies about how they value private technology companies, looking for discrepancies, say attorneys with Proskauer Rose LLP.
Cases are built on evidence and evidence comes from discovery. But discovery is largely a voluntary process. Serving a document subpoena on a third party can be an efficient and creative way to fill in the gaps that may exist in the productions of opposing parties, says Wyatt Dowling of Yetter Coleman LLP.
Lawyers move to New York City to work on some of the most sophisticated work the legal market has to offer. This exposure and experience is an amazing asset and many of the skills developed will make associates very marketable in the event they consider relocating to another market. However, this isn’t always the case, says Jacqueline Bokser LeFebvre of Major Lindsey & Africa.
The U.S. Senate Finance Committee recently approved a bill that would expand Medicare reimbursement of telehealth services. Anthea Daniels of Baker Donelson Bearman Caldwell & Berkowitz PC reviews the proposed changes and how they would loosen the current telehealth limitations.
Despite more focus and investment, the numbers continue to show little progress in advancing women to the top tiers of firm leadership. Considering the irreversible nature of the transformation of the market for top talent, it is time to start experimenting and innovating from the core, rather than from the periphery, say Anusia Gillespie and Scott Westfahl of Harvard Law School.
It can be challenging for midsize law firms to develop an enterprise cybersecurity program that mitigates the eminent threat of data breach and meets the regulatory and compliance requirements of the firm and its clients. This challenge becomes daunting when considering the steady rise in client audits, say K. Stefan Chin of Peckar & Abramson PC and John Sweeney of Logicforce.
With its recent decisions in Impression Products and Kirtsaeng, the U.S. Supreme Court emphatically has endorsed a sweeping interpretation of the patent exhaustion and first sale doctrines, which is likely to have significant effects on commerce, say attorneys with Skadden Arps Slate Meagher & Flom LLP.
The CoinDash initial coin offering was hacked within minutes of its launch, resulting in numerous potential purchasers sending their money to a fraudulent address. The hack has raised many questions about the security and legitimacy of ICOs and of the blockchain more generally, says Stuart Levi of Skadden Arps Slate Meagher & Flom.
In spite of the internet of things' growing popularity, the U.S. government has largely adopted a "wait and see" approach to specifically regulating the IoT. However, businesses must pay attention to cybersecurity risks, as well as new liability and regulatory risks, say attorneys with Mayer Brown LLP.
In the penultimate installment of this series, Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project answer a question on many legal analysts’ minds: What if both sides’ expert witnesses sat in a hot tub discussing the case while a jury watched?