The U.S. Securities and Exchange Commission has smacked down Three-Five Systems Inc.’s reorganization plan, arguing that it clears the way for an unauthorized “fresh start” to the company’s reorganized corporate shell.
The patents for a device that automatically detects if documents have been altered or tampered with have become the focus of a lawsuit filed by 3M Co. against risk-assessment software company AssureTec Systems Inc.
Stock-options grants and practices at circuit maker Maxim Integrated Products Inc. have drawn an informal inquiry from the U.S. Securities and Exchange Commission, according to a statement issued by the company.
Add semiconductor maker Xilinx Inc. to the long list of companies facing legal troubles over alleged stock-options backdating: a shareholder has filed a federal lawsuit claiming that certain company directors and officers breached their fiduciary duties by authorizing or allowing backdating and that Xilinx issued misleading proxy statements.
A federal appeals court has overturned a 2004 ruling that granted summary judgment to Palm Inc., resurrecting a long-running patent suit between Xerox Corp. and Palm over handwriting recognition technology used in personal digital assistants.
The European Union should scrap competition regulations imposed on telecommunications firms by its Media Commission and instead allow the continent’s antitrust laws to regulate the bulging industry, according to Europe’s top executives.
In a move sure to please creditors, bankrupt ethernet provider Riverstone Networks Inc. intends to file a consensual liquidation plan later this month that will allow full repayment plus interest to creditors, along with a stockholder payout.
Fending off allegations of copyright infringement, cable provider Cablevision Systems Corp. has filed a counterclaim in federal court that, as expected, channels the U.S. Supreme Court’s seminal “fair use” case in defense of its newest recording technology.
USA Video Technology Corp. has launched an attack against Hollywood movie makers for allegedly infringing its video-on-demand technology (VOD) patent in the U.S. Court of Appeals for the Federal Circuit.
A judge in Delaware's Court of Chancery refused to throw out a case against Cox Communications and Comcast Corp. that centers on the cable companies' alleged role in the collapse of At Home Corp.
Investor Mario Gabelli agreed Tuesday to settle a civil fraud suit with the U.S. Department of Justice, which alleged that he used sham business operations to cheat the government out of millions of dollars through auctions of cell phone licenses.
Seven telecom companies have joined the slew of advocacy groups and individuals asking the Federal Communications Commission to reject the proposed merger of AT&T Inc. and BellSouth Corporation, saying that allowing the deal to go through would smother innovation and hurt consumers.
Wireless company Speedus Corp. has continued its aggressive patent infringement campaign, asserting two patents for wireless transmission technology against Alltel Corp. less than one month after launching a similar suit against Verizon Wireless.
After already shelling out $612.5 million to protect its hand-held Blackberry device, Research in Motion Ltd. is back in court again, hoping to avert another drawn-out patent battle over wireless network technology.
Just one week after its initial public offering, Internet phone company Vonage Holdings Corp. has been hit with a class action suit alleging the company made false and misleading statements in an effort to entice potential investors into purchasing shares of the company’s stock.
Critics of a proposed merger between BellSouth and AT&T made their voices heard Monday, taking advantage of their last chance to ask the Federal Communications Commission to stop the $67 billion deal.
In a setback for Infineon Technologies AG, a California district court has denied the German semiconductor maker’s attempt to dismiss a U.S. class action on behalf of shareholders who claimed Infineon inflated its share price through cartel deals.
As voice over Internet protocol (VoIP) technology gains popularity, so does litigation over the patents for it, most recently causing Internet service provider Net2Phone to file a suit against Skype Technologies SA and parent company eBay.
Microsoft Corp. expects to be the target of yet another antitrust suit, after talks between the software giant and Adobe Systems Corp. over Microsoft’s plan to include PDF functions in upcoming versions of its office software have ended without a resolution.
In a blow to Apple Computer Inc., a California appeals court has struck down a request to force the publishers of two Apple enthusiast Web sites to reveal the sources of leaked trade secret information published in a series of stories in late 2004.