The Second Circuit on Tuesday reversed the criminal conviction of former Jefferies & Co. bond trader Jesse Litvak and ordered a new trial in a closely watched case that could determine how much criminal liability traders bear for misstatements they make in buying and selling securities.
Fairchild Semiconductor's infringement of two Power Integrations Inc. power-supply patents forced the company to slash prices and lose customers, PI told a California federal jury Monday during opening statements in its damages retrial against Fairchild after a previous $105 million verdict was nixed.
A Peabody Award-winning investigative journalist alleging NBC painted him as insubordinate as a pretense to fire him from its Los Angeles station took the stand Monday in an age bias and wrongful termination trial, telling a California jury he never refused an assignment.
The husband of a woman who died of lung cancer urged a Florida jury Monday to award damages against R.J. Reynolds Tobacco Co. and Philip Morris USA Inc., saying the cigarette manufacturers concealed the dangers of smoking until she was addicted and it was too late.
Paice recently told a Maryland federal judge that it had reached a settlement with Hyundai and Kia, two months after a jury found that the automakers owed the hybrid technology company $29 million for infringing its patents.
A Florida federal judge refused to rethink his decision denying a new trial for a former Terra Telecommunications executive accused of bribing Haitian officials, saying Friday the defendant provided no basis for reconsideration.
The criminal case over Dewey & LeBoeuf LLP’s demise came into sharper focus Monday as prosecutors neared a deferred prosecution deal with the firm’s former chairman and dangled plea offers to three others in a bid to avoid another trial. Here, Law360 reviews the choices and possible outcomes for each defendant.
A Delaware federal judge reluctantly agreed Monday to postpone the trial between C.R. Bard Inc. and rival medical device maker W.L. Gore & Associates Inc. over stent graft patents at the joint request of the two sides minutes before the jury pool was to be brought into court.
A top engineer with a Johnson & Johnson subsidiary told a Philadelphia jury on Monday that safety concerns over a pelvic mesh implant blamed for untreatable injuries in an Indiana woman had been rigorously vetted before the product went to market in 2005.
Former New York State Senate Majority Leader Dean Skelos on Monday refused to rule out testifying as the prosecution neared the conclusion of its case against the Long Island state senator and his son Adam, who are accused of pressing friends and allies in real estate, insurance and environmental consulting for illegal payments.
The proposed jury form in a wrongful death suit involving three welders killed in a 2012 Black Elk Energy Offshore Operations LLC oil rig explosion is counterproductive, unnecessarily confusing and needs to be revised, the employees and contractors told a Louisiana federal court Friday.
Vivendi SA and Sony Corp. are playing "fast and loose" with the facts in their bid to reinstate a $48 million copyright infringement jury verdict against the former chief of defunct music service MP3Tunes, the executive told the Second Circuit on Friday.
General Motors LLC asked Friday for the bellwether trial in multidistrict litigation over its defective ignition switches to end before it even gets started, telling a New York federal judge there is not sufficient evidence that the defect caused the driver’s 2014 crash and injuries.
Former NFL player and police officer Titus Dixon was vindicated on Saturday when a Florida federal jury found him not guilty of wire fraud and aggravated identity theft in a tax fraud scheme.
The Manhattan District Attorney’s Office told a New York state judge Monday it plans to launch a trimmed-down criminal trial against two former Dewey & LeBoeuf LLP executives over the firm’s collapse unless they accept plea deals, but it will resolve charges against ex-chairman Steven Davis.
Parties in the first bellwether trial in multidistrict litigation over General Motors' allegedly faulty ignition switches can't bring up issues of "privilege" or "work product" during the trial, and must try not to ask questions likely to be covered by privilege, a New York federal judge ruled Thursday.
A former colleague of an investigative journalist alleging NBC's Los Angeles station fired him because of his age on Friday told a California jury the station's news director had insisted the journalist be kept off the air because he was “too veteran.”
The Delaware bankruptcy judge presiding over Energy Future Holdings Corp.'s case set a late March trial date Friday for a dispute with the minority owner of Oncor, an electric delivery business at the heart of its confirmed Chapter 11 plan, with 20 percent of some creditors' expected recoveries at stake.
The Manhattan District Attorney’s Office is sure to change its tactics when it retries its criminal case against former Dewey & LeBoeuf LLP executives, and experts say the best way for prosecutors to improve their case is to follow the old adage “keep it simple, stupid.”
Medical malpractice insurance company CEO Anthony Bonomo conceded Friday in the graft trial of former New York Senate Majority Leader Dean Skelos and his son Adam that the senator never held up legislation, or threatened to do so, and that they remained friends after Bonomo's company slashed Adam's pay and benefits.