California surveillance-camera maker Arecont Vision Holdings LLC filed for Chapter 11 protection in Delaware on Monday, saying it is in the process of finalizing an asset purchase agreement.
Morningstar Investment Management LLC asked an Illinois federal judge on Friday to boot an amended Racketeer Influenced and Corrupt Organizations Act suit alleging the firm and two Prudential Financial Inc. retirement-focused subsidiaries colluded to steer investors toward high-cost investment options with a robo-adviser, saying the plan participant who revised the suit failed to fix the first version's shortfalls.
Xerox announced Sunday that it will no longer pursue its $6.1 billion combination with Fuji and that it inked a new settlement agreement with activist investor Carl Icahn and fellow Xerox shareholder Darwin Deason, marking an end to a contentious battle over the now-dead transaction.
Childrens toymaker VTech was hit with a lawsuit in Illinois federal court Friday, saying some of the company’s baby monitors infringe a patent Wyoming-based Secure Cam says it holds on the type of live-video transmission controls the products use.
The Ninth Circuit is being urged to revive a putative class action accusing Facebook of violating the Telephone Consumer Protection Act by bombarding consumers with unwanted security notification text messages, with the lead plaintiff arguing that the lower court created "an unrealistic pleading standard for TCPA plaintiffs" by refusing to find that an autodialer was used.
A California federal judge has reduced an award for Microsoft from a jury that found Corel willfully infringed its Office software patents, dropping the payout from $287,000 to $124,000, and declined to make Corel pay Microsoft’s attorneys' fees, saying there was nothing exceptional about the case.
Retired Baltimore Orioles legend Cal Ripken Jr.'s baseball-camp operation has defeated claims that its pitching machines infringed two patents after a Maryland federal judge found that the camps' use of radiofrequency identification technology differed from what's described in the patents.
A California judge ruled Friday that a Symantec customer must individually arbitrate putative class allegations that the company auto-renews cybersecurity services without proper authorization.
A private equity-backed tax automation company and a Chinese music streamer filed initial public offerings Friday preliminarily intended to raise a combined $265 million, adding to the near-term pipeline of IPOs.
Chinese gaming company Huya Inc., represented by Skadden Arps Slate Meagher & Flom LLP, raised $180 million in an initial public offering that priced at the top of its range Friday and rallied in debut trading, capping a week in which four companies raised more than $3.1 billion combined.
In Law360's latest roundup of new actions at the Trademark Trial and Appeal Board, MillerCoors accuses Korea's Hite of copying "Lite," Tinder doesn't like a "Beender" dating app name, and Major League Baseball travels back in time to "Opening Day."
Bankrupt advertising technology company Videology Inc. told the Delaware Bankruptcy Court Friday it's in final talks on a $25 million debtor-in-possession loan needed to see the business through an all-asset sale.
A Massachusetts senator and Texas representative wrote to Amazon with questions about privacy issues surrounding its new Echo Dot Kids Edition on Friday, the same day advocacy groups released a statement urging parents not to buy the voice-activated digital assistant device.
A California judge on Friday said he’d preliminarily approve Google’s $875,000 deal to end class claims alleging hundreds of security guards and other employees were shorted on overtime and breaks, after the parties agreed to make it easier for workers to object to the settlement.
Genealogy company 23andMe Inc. hit rival Ancestry.com with a false advertising and patent infringement lawsuit in California federal court on Friday, seeking to invalidate its “Ancestry” trademark and claiming the company sells a DNA-based ancestry test that infringes 23andMe’s patent.
Sen. Ron Wyden, D-Ore., has asked FCC Chairman Ajit Pai to investigate “abusive and potentially unlawful practices” of major wireless carriers that he said sell customer location data to at least one company that lets law enforcement agencies access it through a web portal, his office announced Friday.
The sweeping General Data Protection Regulation set to take effect in the European Union in just two weeks promises to revolutionize how companies around the globe handle personal data while imposing stiff penalties on those that don't comply. But attorneys say that although companies have had two years to get up to speed, several troubling myths still persist.
Philips North America LLC has agreed to a $17 million deal to bring an end to a putative class action from a group of 401(k) plan participants who claimed they were shouldered with unreasonable expenses because the company picked costly investments that performed poorly.
A Texas federal judge Thursday denied FedEx's move to trim Intellectual Ventures II LLC’s patent infringement claims days before trial, finding four shipping and tracking technology patents are valid under the U.S. Supreme Court’s 2014 Alice decision and the remaining factual questions should be determined by a jury.
A computer parts salesman has asked the U.S. Supreme Court to review the outcome of a Fifth Circuit decision upholding a 42-month conviction for money laundering and mail, wire and tax fraud, and provide clarity on what constitutes "property rights" under those criminal statutes.
How can we improve meetings in the legal industry, which tends to evolve with the speed of a tranquilized water buffalo mired in quicksand? Breaking it down to three phases can yield significant benefits, says Nicholas Cheolas of Zelle LLP.
In the final article of their series on the American Bar Association’s 66th Antitrust Law Spring Meeting, attorneys with Perkins Coie LLP offer key takeaways from some of the sessions on consumer protection.
One way law firms differentiate themselves from the competition to attract and retain top talent is through their real estate and workplace strategies. Taking a lead from the hospitality industry can help create a more inviting, welcoming and collaborative workspace environment, says Bella Schiro of Jones Lang LaSalle Inc.
On Tuesday, the National Institute for Standards and Technology released a revised version of its standard-setting Cybersecurity Framework, once again producing a useful, flexible document that can be applied or adapted by a wide range of companies, says Alan Raul, leader of Sidley Austin LLP's cybersecurity practice.
In his first year on the U.S. Supreme Court, Justice Neil Gorsuch has proven to be a narrow-minded elitist who consistently votes in favor of corporations and the powerful, acting to roll back protections for workers, consumers, LGBTQ individuals and other marginalized communities, says Elliot Mincberg of People for the American Way.
The Superior Court of Massachusetts' recent Equifax decision — the first-ever court ruling on allegations made by a state attorney general in cybersecurity litigation — is notable for siding with Attorney General Maura Healey on several key issues of concern to all companies that collect personal information, say attorneys with Ropes & Gray LLP.
The U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission both claim jurisdictional authority over cryptocurrency, yet no new legislation has been passed and very few court decisions have addressed the issue of who, if anyone, has regulatory authority, say attorneys with Morrison Cohen LLP.
The impact of millennials has already been felt within the legal community by our eagerness to embrace new technologies. One way that we will have potentially even more impact lies in our willingness to embrace new ways of developing business and financing law, says Michael Perich of Burford Capital LLC.
Courts have not yet determined whether business auto coverage extends to accidents involving autonomous vehicles. Much depends on whether or not an autonomous vehicle can qualify as an "auto," despite potentially lacking key components like steering wheels and turn signals, say Katherine Henry and Brendan Hogan of Bradley Arant Boult Cummings LLP.
If the Second Circuit affirms the Goldman v. Breitbart decision that embedded content may constitute copyright infringement, it will create more burdens on publishers and journalists, and it may invite some creative defenses under the Digital Millennium Copyright Act, says Marcus Chatterton of Balch & Bingham LLP.