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Toshiba ordered to pay Lexar $380M in trade secrets suit
From: David Farber <dave () farber net>
Date: Tue, 29 Mar 2005 17:41:24 -0500
------ Forwarded Message From: Monty Solomon <monty () roscom com> 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 lists-ip () insecure org To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
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- Toshiba ordered to pay Lexar $380M in trade secrets suit David Farber (Mar 29)