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Building on a favorable trend for defendants, another judge has tossed a patent after finding that it covers a law of nature. This time the unlucky patent holder is a non-practicing entity called Uniloc, which sued the cloud computing company Rackspace Hosting over a patent related to processing numbers.
3rd Circuit Adopts Broad Reading of Federal Securities Fraud Act
Adopting a broad reading of securities fraud laws, the 3rd U.S. Circuit Court of Appeals ruled that a corporation and its officers can be sued by the shareholders of another corporation for allegedly disseminating false information about the chances that the two companies would merge.February/March 2005 Docket Watch
The Supreme Court is poised to hear arguments on a wide variety of issues in the next two weeks, including today's case regarding whether the Fifth Amendment's public-use clause authorizes the city of New London, Conn., to exercise eminent domain power to implement a development plan in an economically depressed area. In early March, two cases will come before the Court examining Ten Commandment monuments in light of the First Amendment's establishment clause.It's been three months since a group of investors won class certification in their suit against seven trading specialist firms. But you wouldn't have known it until now, because the order in the six-year-old case was under seal. On June 5, Manhattan federal district judge Robert Sweet agreed to unseal the order, and the plaintiffs, led by the California Public Employees Retirement System, are pleased it's seeing the light of day.
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