Behind one of the largest jury awards ever in a Silicon Valley intellectual-property case is a story that has played out like a messy divorce. Late last month, Fremont’s Lexar Media Inc. won $465 million in civil damages from Japanese electronics giant Toshiba Corp. A Superior Court jury in Santa Clara County sided with Lexar’s […]
The fight over a secretive entity that wields enormous influence over AIG is just starting There’s probably never been anything like this in U.S. corporate history: a titanic legal struggle pitting the interests of corporate governance and public shareholders against those of a private company and the rights of its owners. At the pinnacle of
A federal grand jury is investigating whether Thomas M. Coughlin, a former vice president of Wal-Mart Stores, cheated on an expense account and misused gift cards, a Wal-Mart spokesman said yesterday. Wal-Mart told regulators in a filing that Mr. Coughlin may have improperly appropriated as much as $500,000. Lawyers for Mr. Coughlin have denied the
More college graduates are applying to law school, according to the Law School Admission Council, which administers the LSAT exam. Law school applications have risen steadily over the past few years, reaching a record 99,504 applicants last year, up 9.5% from 2002, it said. The growing number suggests more people are interested in careers in
The promise of $3 billion in state funding for biotechnology research in California has more than one law firm in the area salivating — especially now that San Francisco has been picked to host the California Institute for Regenerative Medicine. Pillsbury Winthrop Shaw Pittman is the first law firm to stop gawking and start acting
Oil giant Exxon Mobil faces a payout of about 1.3 bln usd after being ordered by a US judge to compensate thousands of overcharged petrol station owners, the lawyer for the complainants said at the weekend. The judge in Miami, Alan Gold, ordered Exxon Wednesday to pay damages of 1.3 cents a gallon on gasoline
In “All the President’s Men,” he was a shadowy figure in a parking lot advising Bob Woodward and Carl Bernstein to “follow the money” in their journalistic investigation of the Watergate cover-up that ultimately brought down President Richard M. Nixon in 1974. The two reporters have long referred to him publicly only as “Deep Throat,”
In a defeat for New York Attorney General Eliot Spitzer, former Bank of America Corp broker Theodore Sihpol on Thursday was acquitted by a Manhattan jury of 29 counts of helping a hedge fund trade mutual funds illegally. New York Supreme Court Justice James Yates declared a mistrial on four other counts on which the
A federal judge overseeing the Justice Department’s lengthy civil racketeering trial against major cigarette makers called both sides to a closed-door meeting on Monday. U.S. District Judge Gladys Kessler did not publicly disclose the reason for the meeting or whether mediation talks would take place. A Justice Department spokesman said he could not comment on
Public health groups, saying they lacked confidence in the government’s handling of the case, asked on Wednesday to intervene in the federal racketeering lawsuit against major tobacco companies. The six groups contended that prosecutors were no longer representing their interests after scaling down a proposed penalty. The filing to U.S. District Judge Gladys Kessler asked
