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DOJ's attack on corporate fraud cools
In his summer of discontent, there were few days of undiluted glory for then-Attorney General Alberto Gonzales, and July 17 was no exception. Just six weeks before he resigned, Gonzales stood before hundreds of federal prosecutors and investigators in the U.S. Department of Justice's Great Hall to celebrate the fifth anniversary of the department's Corporate Fraud Task Force and declare victory over white-collar corruption.What's Behind the Drop in Corporate Fraud Indictments?
The Justice Department's Corporate Fraud Task Force record is a long litany of achievements punctuated by disappointment and controversy. From case records and statistics, as well as interviews with prosecutors, task force members and defense lawyers, The American Lawyer derived a detailed portrait of corporate fraud prosecutions over the last five years. Perhaps the most curious of the findings is the precipitous decline in major corporate fraud indictments since the re-election of President Bush.Motorola Mobility, the $12.5 billion apple in Google's eye, can now claim the dubious honor of being sued by the mammoth patent aggregator Intellectual Ventures.
Though it's only filed eight complaints since first turning to the courts a year ago to enforce its massive patent portfolio, Intellectual Ventures has already tapped a varied roster of firms. On Thursday IV added Dechert to the list in a suit claiming that AT&T, Sprint, and T-Mobile infringe 15 patents related to wireless technology.
The waning days of September brought the end to a slew of big patent cases involving R.J. Reynolds, Freddie Mac, LG, and others, with Verizon alone agreeing to pay more than $500 million to put two separate infringement suits to rest.
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