0 results for 'Wilson Sonsini Goodrich Rosati'
Circuit Deals Blow to Stock Fraud Cases
Handing technology companies and others a huge victory in their running battle with plaintiffs' attorneys, the 9th Circuit U.S. Court of Appeals on Friday made it much more difficult for disgruntled shareholders to sue corporations when their stock price drops. The divided court ruled that in order to sue for stock fraud, plaintiffs must show that corporate officers were "deliberately reckless" in making optimistic financial forecasts, even when those forecasts turn out to be severely wrong.Anti-Viral: Profile of McAfee GC
General Counsel Mark Cochran of well-known anti-virus software maker McAfee created and manages a 20-person license compliance unit that generates revenues of about $35 million annually. "It's nice being known as a lawyer who is a profit center rather than a cost center," he said.Silicon Valley Pioneer Folds Office
Brown & Bain, once one of the Silicon Valley's leading intellectual property litigation firms, is closing its Palo Alto office at the end of July. The decision, which comes after years of setbacks for the office, ends a 20-year run in the Valley for a firm that waged landmark IP wars on behalf of Apple Computer Inc. and Intel Corp.After Patent Reform, MDL Docket Emerges as New Arena for Patent Fights
In a dispute that provides a case study in patent litigation after the enactment of the America Invents Act, lawyers for a patent holder suing major tech firms are fighting to get cases that were sent to the defendants' home jurisdictions transferred back to the Eastern District of Texas—but this time designated as multidistrict litigation.
The Justice Department has suffered consecutive setbacks in an economic espionage case against four Chinese companies because they have no U.S. employees to serve with a summons, and no U.S. office where one can be mailed. That's why the department is hoping to eliminate certain requirements for service on foreign businesses.
How to Prevent Trade-Secret and Employee-Mobility Suits
In-house counsel must be involved in developing and implementing policies and procedures that help the human resources department and departmental supervisors operate effectively to avoid mobility suits from former employers and prevent misconduct that requires litigation by the company to protect its own information, write Laura M. Merritt and Charles T. Graves.Winston & Strawn IP practice chair James Hurst discusses the latest trends in litigation against the pharmaceutical industry.
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