Technology

  • January 10, 2007

    Ex-Comverse Attorney Settles Backdating Case

    The U.S. Securities and Exchange Commission settled civil charges Wednesday with William F. Sorin, the former general counsel of Comverse Technology, Inc., over an alleged scheme to backdate stock option grants.

  • January 11, 2007

    HP, Lexmark Settle Non-Compete Claims Lawsuits

    Rival printer manufacturers have reached a $525,000 settlement over a top executive who allegedly violated his non-compete agreement by making a jump between companies.

  • January 10, 2007

    Another DRAM Maker Settles Price-Fixing Suit

    Micron Technology Inc. followed in its competitors’ footsteps on Tuesday, becoming the latest company to settle allegations that it conspired to fix prices of DRAM products.

  • January 9, 2007

    Chipmaker Fires Back In MP3 Patent Feud

    Chinese chip designer Actions Semiconductor Co. Ltd. has asked an appeals court to review a ruling against it by the U.S. International Trade Commission, marking the latest development in its drawn-out patent war with SigmaTel Inc. over digital audio processing technology.

  • January 9, 2007

    Philips Wins ITC Ruling Over LED Patent

    Things are looking bright for Philips Lumileds after an administrative law judge of the US International Trade Commission awarded it a favorable ruling in its current patent litigation against Taiwanese company Epistar Corp.

  • January 9, 2007

    McAfee Amends Options Policy, Takes $25M Charge

    Embroiled in a lawsuit over options backdating, software company McAfee Inc. will extend the exercise period for several of its stock options grants and record a charge that will affect the results of several fiscal quarters.

  • January 9, 2007

    Former Aspen Tech Chief Faces Fraud Charges

    A former CEO of Aspen Technology has been charged with accounting fraud in a scam to artificially inflate the company’s revenues to meet targets and earn a promotion.

  • January 8, 2007

    Conflicts Questioned In Apple Options Probe

    The director of the internal team tasked with investigating alleged stock options backdating at computer giant Apple Inc. once headed the committee that approved the options in question, a conflict of interest that could have disqualified him from the position.

  • January 8, 2007

    Supreme Court Declines EchoStar Appeal

    The Supreme Court on Monday declined to hear an appeal by EchoStar Communications Corp., forcing the satellite company to comply with an appeals court order barring it from providing local television programming to subscribers outside of local areas.

  • January 9, 2007

    Trade-Secret Litigation Targets Conference Calls

    An audio conferencing technology company filed a suit against two companies and two individuals, one a former employee, last Wednesday, claiming misappropriation of trade secrets and breach of contract.

  • January 8, 2007

    Former Qwest CFO Settles Civil Fraud Charges

    Former Qwest CFO Robin Szeliga, who had already pled guilty to one criminal count of insider trading, has now settled with the Securities and Exchange Commission over her role in the company’s massive accounting fraud.

  • January 8, 2007

    Microsoft, Nintendo, Sony Sued Over Joystick Patent

    A Texas-based investment company has decided to stick it to Microsoft Corp., Nintendo Co. Ltd. and Sony Corp., filing a lawsuit against the three video console producers over a patent for a low-voltage joystick port.

  • January 8, 2007

    Motorola Could Face $100M Hit In SPS Case: Attorneys

    Motorola Inc. was ordered Monday to pay $17 million in costs and attorneys’ fees in a drawn-out trade secrets case in Florida state court. But bigger sanctions still loom, after the judge found that Motorola’s lawyers broke court rules, according to plaintiffs’ attorneys.

  • January 8, 2007

    Motorola's Violations Could See $100M Hit: Attorneys

    Motorola Inc. was ordered Monday to pay $17 million in costs and attorneys’ fees in a drawn-out trade secrets case in Florida state court, but bigger sanctions are looming after the judge found Motorola’s lawyers broke court rules, according to plaintiffs attorneys.

  • January 5, 2007

    Graphics Chip Makers Hit By New Class Action

    A fresh class action has taken aim at Nvidia Corp., ATI Technologies Inc. and Advanced Micro Devices Inc., just a few weeks after the three graphics chip companies were slammed with five class actions over alleged anti-competitive activities.

  • January 5, 2007

    Adelphia Creditor Groups Object To Order

    Two creditor groups involved in the bankruptcy proceedings of Adelphia Communications Corp. have objected to the order confirming the company’s reorganization plan, questioning some of the provisions included in the ruling.

  • January 5, 2007

    SGI Advisors, Accountants Seek Millions In Fees

    Bear Stearns & Co. Inc. and KPMG LLP, two companies that helped steward Silicon Graphics Inc. through Chapter 11, have asked a bankruptcy judge to approve fee and expense requests totaling more than $5 million for the period leading up to Silicon Graphics’ plan confirmation on September 19.

  • January 5, 2007

    Judge Dismisses Claims In Retek Class Action

    A district court judge has dismissed several claims in a securities class action suit that accuses software developer Retek Inc. of misleading investors.

  • January 5, 2007

    Apple Lawsuit Spotlights Jobs' Role

    A civil lawsuit against Apple Computer has raised new questions about the company’s stock options practices and Chief Executive Steve Jobs’ possible role in the unfolding backdating scandal.

  • January 5, 2007

    Suit Takes Aim At Silicon Valley’s Youth Culture

    An age discrimination lawsuit filed against a Silicon Valley company is the latest to take on the high-tech industry's alleged bias against older, more experienced employees.