A California court affirmed a jury verdict Friday ordering Toshiba and a subsidiary to pay Lexar Media $465.4 million for sharing trade secrets with another rival maker of flash memory chips used in digital cameras and consumer electronics. But Toshiba vows to fight the decision. In the lawsuit first filed in 2002, Lexar claimed its secrets were misappropriated when then-partner Toshiba entered into a deal with SanDisk. At the time, Toshiba had a representative on Lexar's board.
October 18, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A California court affirmed a jury verdict Friday ordering Toshiba Corp. and a subsidiary to pay Lexar Media Inc. $465.4 million for sharing trade secrets with another rival maker of flash memory chips used in digital cameras and consumer electronics.
In March, a Santa Clara County Superior Court jury found that Japanese electronics maker Toshiba violated its fiduciary duty and stole Lexar’s trade secrets.
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