A California federal judge said Friday that his previous decision to toss a proposed investor class action alleging security technology company Identiv Inc. concealed improper expensing by one of its former top executives wouldn’t be changed by new evidence purportedly uncovered in a related Identiv derivative suit.
A UnitedHealth unit pushed a Federal Circuit panel in oral arguments Monday to toss a $12.3 million jury verdict holding that the company infringed a patent for measuring doctors’ efficiency, contending its own technology predated the patent.
Advanced Video Technologies LLC on Friday asked for a full Federal Circuit review of a January split panel decision that axed the company’s patent claims against HTC Corp., BlackBerry Ltd. and Motorola Mobility LLC for lack of standing, saying the panel mistakenly attributed partial ownership of the patent to a former AVT employee.
A group of 12 lenders that includes private equity firms and banks has agreed to commit up to $100 billion in total financing for Broadcom Ltd.’s proposed acquisition of Qualcomm Inc., even though the California chipmaker rejected a Broadcom takeover offer last week, Broadcom said Monday.
Acacia Communications Inc. on Friday asked a Massachusetts federal judge to toss a proposed shareholder class action over poor second-quarter results in 2017, arguing its optimistic outlook was soured by an unexpected drop in market demand and that a contractor’s manufacture of defective products had nothing to do with the company’s stock tumble.
California-based YapStone Inc., a company that provides payment processing for online and mobile transactions for apartment and vacation rental companies, raised $71 million from Mastercard, Accel and others in its first closing in a Series C funding round, the company said on Monday.
General Dynamics has agreed to absorb CSRA Inc. in a deal with an enterprise value of $9.6 billion, adding a business that provides IT services for federal customers to the defense giant’s portfolio, the companies announced Monday.
At the wrap of a California federal trial over damages Corel Corp. must pay for infringing Microsoft’s patents, Microsoft’s attorney argued Friday the infringement was willful, while Corel’s attorney conceded his client possibly erred but said the tech giant's warning “never made it to the right ears."
Waymo and Uber reached a settlement Friday to end their blockbuster trade secrets fight over self-driving car technology, capping off a year of contentious discovery disputes, shocking revelations and numerous delays. Here's a play-by-play of how we got here.
The founder of a publicly traded communications software company has criticized AT&T Inc.’s calls for an “Internet Bill of Rights,” saying that the proposal appears disingenuous given internet service providers’ track records of blocking applications that consumers want.
The Federal Circuit transferred an antitrust dispute in a long-running patent battle to the Fifth Circuit on Friday after finding that a claim involving a company's alleged fraud on the U.S. Patent and Trademark Office to obtain market power did not fall within the court's exclusive purview over patent appeals.
Computer Sciences Corp., a contractor to the Maryland Department of Health, will pay $81 million to settle a suit with the state stemming from allegations that it fell behind schedule in maintaining the state’s Medicaid computer system and failed to make changes required by the Affordable Care Act, Maryland Attorney General Brian E. Frosh announced Friday.
Hong Kong securities regulators said Friday they had issued formal warnings to seven cryptocurrency exchanges and seven issuers of initial coin offerings, beginning to put teeth into a cryptocurrency crackdown announced in September.
The legal woes of cryptocurrency marketplace BitConnect mounted Thursday as the U.K.-registered lending and exchange platform was hit with another class complaint in Florida for allegedly operating as a Ponzi scheme that cheated thousands of investors out of millions of dollars.
A Texas federal judge on Friday refused to dismiss a suit brought by Green Ice Technologies, the distributor of the Ice Cold 2 refrigeration and air conditioning enhancer, that claimed Ice Cold 2’s owners tried to cut it out of the sales process by making deals directly with its customers.
Customers who received phony error messages after trying to install third-party ink cartridges in Hewlett Packard Co. printers have asked a California federal court to certify a nationwide class action against the company for federal computer fraud and common law trespass.
A New Jersey federal judge let stand most of the claims in a proposed class action accusing Samsung Electronics America Inc. of misrepresenting the battery life of its Galaxy Gear S Smartwatch, ruling Thursday that the dissatisfied purchaser gave enough details to clearly describe his experience.
An internet trade association that counts Amazon, Google and Facebook among its members urged Congress to pass legislation overturning a Federal Communications Commission order critics say opens the door for internet service providers to create paid “fast lanes” for online content by removing so-called net neutrality rules.
Documents withheld by Facebook Inc. in its transfer pricing dispute with the Internal Revenue Service are not protected by privilege because they pertain to business development and not trial preparation, U.S. Department of Justice attorneys said Thursday in California federal court ahead of a March 29 hearing on whether the company should produce the documents.
Apple and Cisco recently announced they are teaming with two insurers to offer discounted cyberinsurance policies for companies that use the tech giants' products to help guard against digital threats, a partnership that experts say could spur the sale of cyber coverage among reluctant businesses scared off by high premiums and daunting deductibles.
While the U.S. has a long history of class action litigation, there are still many unknowns in the U.K. as to what the courts are looking for in order to certify a class. The recent filing of a lawsuit against Google will hopefully provide guidance on whether private group consumer redress will be successful on the other side of the Atlantic, says Lauren McGeever of Epiq Systems Inc.
In an attempt to peek behind the corporate curtain and pick the brains of those with unrivaled access to their companies’ trade secrets, we surveyed 81 in-house attorneys who work on trade secret issues. We discovered many interesting findings — and one alarming trend, say attorneys with O’Melveny & Myers LLP.
The Committee on Foreign Investment in the United States was the subject of more focus, change and consequence in 2017 than it had been in at least a decade. It appears that the significant CFIUS developments last year soon may be followed by formal legal changes, say attorneys with Wilson Sonsini Goodrich & Rosati PC.
Legal and technological disruptions in the advertising space last year outpaced the development of prior years. Although many topics contributed to this industry upheaval, there are five trends that shaped 2017 and will continue to develop in the coming years, say Jason Gordon and Andrew Levad of Reed Smith LLP.
Erich Potter, discovery counsel with Oles Morrison Rinker & Baker LLP, discusses six ways e-discovery will continue to excite and confound in 2018.
This week's decision in Wi-Fi One v. Broadcomm continues a string of Federal Circuit efforts to limit the Patent Trial and Appeal Board's ability to review and invalidate patent claims. Wi-Fi One may expand the PTAB determinations subject to appeal, and it also has other implications for the inter partes review process, say Garrard Beeney and Stephen Elliott of Sullivan & Cromwell LLP.
As initial coin offerings are a means to effectuate crowdfunded capital formation, issuers will likely try to meet one of the three securities registration exemptions in the Jobs Act. Aaron Kaplan of Gusrae Kaplan Nusbaum PLLC explains why the exemption under Regulation A-Plus is the most suitable.
Several foreign governments and other international authorities recently weighed in on the Microsoft overseas-data case. The amicus briefs underscore the important implications of the U.S. Supreme Court’s decision for global data transfers and international users’ privacy, say attorneys with Ropes & Gray LLP.
Smart law firms are increasingly positioning professionals to proactively guide them as the legal landscape reshapes itself, harnessing six emerging roles within their organizational charts to embrace new approaches, tools and systems, says Rob MacAdam of HighQ.
Highly profitable companies have comprehensive corporate wellness programs that realize plateauing health care costs, greater employee engagement, and a demonstrable competitive advantage. The legal field needs a similar awakening, says Rudhir Krishtel, a former partner of Fish & Richardson and senior patent counsel at Apple.