Patent Suit Uses Lycos Search to Target Alleged Infringers
Search engine Lycos still has a couple of internet search-related patents that a group of investors believes could be very valuable. In June, Lycos sold the patents to a company called I/P Engine. And now, I/P Engine and its lawyers at Dickstein Shapiro asserted them.Wanna Make a Deal? Well, These Folks Are Going to Make You Pay ...
Securities defense lawyers at large law firms are noticing an uptick in shareholder lawsuits over mergers and acquisitions. Kevin Muck, head of securities litigation at Fenwick & West, says 'it's a sign of the economy improving. As more companies do deals, these lawsuits follow, inevitably.'It's Never Too Early to Start Protecting Trade Secrets and IP
The best time for any company to formally define trade secret and intellectual property parameters is when an employee first walks through the door, not when they're headed for the exit.Proxy Season Report Questions Utility of Shareholder Activism
Coming off a year of increased shareholder activism, a new analysis of 2012 proxy proposals examines the activist crowd, from hedge funds to labor unions, socially responsible investors, and corporate gadflies.Lies, Nonappearance Earn Crippling Sanction for CEO Accused of Fraud
A high-stakes fraud case between tech company Prediwave and Hong Kong investment firm New World TMT is nearing a dramatic end after California Superior Court Judge Jack Komar ordered terminating sanctions against Prediwave's CEO. The rare punishment is the result of Jianping Qu's failure to show at mandatory settlement talks and his admission that he lied in depositions. Komar said a default judgment against Qu will result; an attorney for plaintiff New World predicts a judgment of at least $670 million.Fired Executive Alleges Fla. Bank Engaged in Improper Practices
An executive fired from Miami's Ocean Bank claims in a wrongful termination lawsuit that bank officers condoned discriminatory hiring, misused medical insurance funds to pay school tuition and used employees to work for an executive's personal company. Rolando Bichara, the bank's former second in command, contends he was fired for threatening to notify regulators and law enforcement of the alleged misconduct. He is seeking up to $21 million in compensatory damages.Cybersecurity Report Spotlights Risks to U.S. Business from China
Cybersecurity firm Mandiant gave America a wake-up slap across the face this week by detailing how Chinese military hackers are infiltrating U.S. companies.Trending Stories
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