Investors in Qualcomm Inc. hit the semiconductor giant with a shareholder lawsuit in Delaware federal court Thursday, alleging its leadership dropped the ball by pushing hard-line policies that led to record-breaking antitrust fines and rushing a defective mobile chip to market that led to a major drop in sales.
A California federal judge said Thursday he would grant final approval to a $950,000 settlement ending class action claims that retailer Sephora breached contracts and racially discriminated against customers when it deactivated thousands of accounts created with Chinese domain name email addresses because it thought they were created by bots.
A California federal judge on Thursday refused Qualcomm’s request to delay discovery in a putative antitrust class action alleging the chipmaker hurt indirect buyers by fixing the price of microchips used in cellphones, urging both sides to “get this party started now.”
A Delaware federal judge on Thursday shut down Cisco’s efforts to nix a $24 million verdict won by SRI International in the companies’ dispute over network surveillance patents, and instead doubled the damages award and awarded SRI $8 million in attorneys' fees on top.
In its blockbuster ruling this week restricting where patent infringement suits can be filed, the U.S. Supreme Court issued yet another blow to the Federal Circuit in an ongoing battle over whether the court is reading too much into statutes and creating too many elaborate rules for patent law.
A pair of privacy and consumer protection watchdogs on Thursday called on the Federal Trade Commission to investigate whether TRUSTe Inc. violated a past settlement agreement with the agency by not properly assessing some website operators’ tracking technology under the Children’s Online Privacy Protection Act.
Alphabet Inc. unit Waymo asked a California federal judge Thursday to make Uber hand over a due-diligence report prepared in anticipation of acquiring a self-driving car company started by Anthony Levandowski, an ex-Waymo employee accused of stealing trade secrets, arguing Uber was trying to invoke a work-product privilege to shroud Levandowski's alleged crimes.
Staples has rejected a takeover offer that valued the company at more than $5.8 billion, Web.com is in discussions with private equity firms about a potential buyout, and Advent, Permira and Shanghai Pharmaceuticals have decided not to offer to buy German pharmaceutical company Stada.
Billtrust, a New Jersey-based provider of payment cycle management services to businesses, has secured $50 million in funding from a group of investors led by technology-focused private equity firm Riverwood Capital Management, the companies said Thursday.
Limelight Networks Inc. is defending its right to walk away from a $40 million IOU to longtime patent rival Akamai, telling the Delaware Supreme Court in a Thursday filing that a judge read requirements into a settlement that were not there.
Investors in a canceled Indian IT economic zone have announced that the Delhi High Court issued a warrant for property owned by promoters of the nixed project, who recently lost their latest challenge to a £13.8 million ($17.9 million) International Chamber of Commerce award in favor of the investors.
The U.S. Equal Employment Opportunity Commission sued an educational technology company in California federal court Wednesday for allegedly firing a transgender worker for accusing the company of discriminatory practices.
New York City agencies urged the Federal Communications Commission to modernize the Wireless Emergency Alerts program to embed links and other media in notifications, citing the September bomb explosion in the city's Chelsea neighborhood and opposing delays to reform proposed by a wireless trade association.
A promoter and prize insurer Wednesday asked the Fifth Circuit to reverse a more than $913,000 attorneys' fees award to Yahoo after it successfully defended against a suit over a scrapped $1 billion NCAA March Madness contest, saying the lower court misapplied state-court precedent.
Qualcomm Inc. asked a California federal court on Wednesday to force four Apple Inc. product manufacturers to pay royalties on intellectual property licensing agreements while beefing up its counterclaims against the iPhone maker in a separate case, once again alleging Apple has ordered the factories to withhold payments.
Three firms steered initial public offerings this week for private equity-owned cable provider WideOpenWest Inc., software developer Appian Corp. and Brazilian memory chip manufacturer Smart Global Holdings Inc. totaling roughly $438.3 million.
Mentor Graphics Corp. has hit back against a Federal Circuit rehearing bid in a patent case over computer emulator technology, telling the appeals court that it already correctly calculated lost profits damages in affirming rival Synopsys Inc. must pay $36 million.
Apple Inc. on Wednesday urged the Federal Circuit to keep its decision freeing the California-based technology giant from a $533 million infringement verdict by invalidating Smartflash LLC’s data storage patents, saying the patent holder hadn’t raised anything new in its rehearing bid.
A third anonymous Coinbase customer sought Wednesday to jump into the fray opposing the IRS’ California federal court summons enforcement bid seeking customer names and other information from the virtual currency exchange company, warning of an unconstitutionally intrusive “fishing expedition.”
Avaya Inc. on Thursday was given a 60-day extension to file a Chapter 11 plan without competing proposals after attorneys for the bankrupt telecom giant told a New York bankruptcy judge that they are negotiating with secured lenders that were unsatisfied with an initial plan.
In the second installment of this two-part series on disruptive innovation among mid-size law firms, Jill Dessalines, founder of Strategic Advice for Successful Lawyers and former senior vice president at McKesson Corp., explores a number of ideas for keeping clients and maintaining market position.
Compared with many other areas of labor and employment law, the law of noncompetition agreements has been relatively static with most changes coming in the form of court decisions. More recently, however, many states have turned their attention to noncompetes and considered significant procedural and substantive changes in how they are used and enforced, say James Hammerschmidt and Jack Blum of Paley Rothman.
This month, Washington became the third state after Illinois and Texas to enact its own legislation generally governing the collection, use and retention of biometric data. As biometric information becomes more commonplace, there appears to be a renewed focus on the Illinois law, as well as a new impetus in other states to pass similar laws, say Justin Kay and Brendan McHugh of Drinker Biddle & Reath LLP.
At a time when the U.S. is pulling back on the patentability of software inventions, China is moving in the opposite direction. Recent changes to Chinese guidelines expanded patentability of business method patents and enhanced claiming options for patents covering software inventions, says Elizabeth Chien-Hale of Brinks Gilson & Lione.
Targets of fraudulent wire instruction scams have found that whether insurance coverage is available is highly dependent on the precise language of their specific policies, but the cases that have been litigated to date show that more often than not, traditional policies do not cover these exposures, say attorneys with Wiley Rein LLP.
As I sat there listening, incredulous to learn that "Milkshake" was not only a real song but also a chart-topper, it reminded me of Harvard Business School Professor Clayton Christensen’s work on disruptive innovation — and how it pertains to mid-size law firms, says Jill Dessalines, founder of Strategic Advice for Successful Lawyers and former assistant general counsel of McKesson Corp.
The Delaware Chancery Court's recent decision in Frederic Hsu Living Trust v. ODN highlights the potential liability that private equity sponsors and directors face when preferred stock held by the sponsor is redeemed. If future decisions intensify this risk, sponsors could consider alternative investment structures, say attorneys with Fried Frank Harris Shriver & Jacobson LLP.
In the latest installment of his column on the Judicial Panel on Multidistrict Litigation, Alan Rothman of Arnold & Porter Kaye Scholer LLP takes a closer look at how the panel decides to exclude a potentially related action from a new MDL proceeding, and at how the panel deals with forum selection clauses in contracts between parties in multidistrict claims.
Adam Alter's new book on technology-based behavioral addiction issues may unintentionally spur plaintiffs attorneys to launch product liability lawsuits against technology companies, holding them accountable for addictive products, say attorneys with Hughes Hubbard & Reed LLP.
The U.S. Patent and Trademark Office recently released America Invents Act trial statistics through the first half of fiscal year 2017, and one trend is clear: The overall trial institution rates for inter partes reviews, covered business method reviews and post-grant reviews are down, say Kerry Taylor and Nathanael Luman of Knobbe Martens Olson & Bear LLP.