[IP] Toshiba ordered to pay Lexar $380M in trade secrets suit
------ Forwarded Message
From: Monty Solomon <monty@xxxxxxxxxx>
Date: Tue, 29 Mar 2005 10:17:13 -0500
To: <undisclosed-recipient:;>
Subject: Toshiba ordered to pay Lexar $380M in trade secrets suit
Toshiba ordered to pay Lexar $380M in trade secrets suit
The court battle centers around a business relationship gone sour
News Story by Martyn Williams
MARCH 24, 2005 (IDG NEWS SERVICE) - A jury in California has found
Toshiba Corp. and one of its U.S. units liable in a lawsuit brought
by Lexar Media Inc. concerning flash memory and ordered Toshiba to
pay $380 million in damages, Lexar said yesterday.
Toshiba and Toshiba America Electronic Components Inc. were found
liable of breach of fiduciary duty and theft of trade secrets in the
case in the Superior Court for the State of California, County of
Santa Clara.
...
http://www.computerworld.com/governmenttopics/government/legalissues/story/0
,10801,100609,00.html
Jury awards Lexar another $84M in Toshiba case
The judgment covers punitive damages against the company
News Story by Martyn Williams
MARCH 25, 2005 (IDG NEWS SERVICE) - A jury in California yesterday
ordered Toshiba Corp. and one of its U.S. subsidiaries to pay an
additional $84 million in damages to Lexar Media Inc., Lexar said in
a statement.
The award covers punitive damages and comes a day after the same jury
ordered Toshiba to pay $381.4 million in damages for breach of
fiduciary duty and theft of trade secrets (see story). This brings
the total damages awarded to Lexar by the jury to $465.4 million,
although the actual amount to be paid will be determined by the judge
at a later date.
...
http://www.computerworld.com/hardwaretopics/storage/story/0,10801,100641,00.
html
------ End of Forwarded Message
-------------------------------------
You are subscribed as roessler@xxxxxxxxxxxxxxxxxx
To manage your subscription, go to
http://v2.listbox.com/member/?listname=ip
Archives at: http://www.interesting-people.org/archives/interesting-people/