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The purpose of prohibiting trade secret infringement is to avoid unfair advantage. [citation needed] One defendant had retired from the company but privately kept a copy of the source code and provided it to a rival company, shortening the rival company's development period by two months. The Court ruled that the GPL was not material to the case.
Apple sued "stealth" startup Rivos in 2022. It said Mountain View, California-based Rivos had hired away dozens of its engineers and used its confidential information to develop competing "system ...
GlobalFoundries, which is majority owned by Abu Dhabi's sovereign wealth fund Mubadala, separately sued Armonk, New York-based IBM in New York federal court in 2023 for allegedly misappropriating ...
The case In re Apple iPod iTunes Antitrust Litigation was filed as a class action in 2005 [9] claiming Apple violated the U.S. antitrust statutes in operating a music-downloading monopoly that it created by changing its software design to the proprietary FairPlay encoding in 2004, resulting in other vendors' music files being incompatible with and thus inoperable on the iPod. [10]
Facebook recently paid 1.4 million Illinois residents $397 in 2022 as part of a class action lawsuit for facial recognition breaches through its “Tag Suggestions” feature, per CNBC.
At this point the Avanti executives (Gerald Hsu and six others) pleaded no contest to charges of trade secret theft, conspiracy to commit trade secret theft, receiving stolen property, and securities fraud. Avanti and the executives paid at this point about $195 million in restitution to Cadence with an additional $40+ million in fines ...
Lawsuit Subject of lawsuit Court of decision Year of decision Alperin v. Vatican Bank: conversion, unjust enrichment, restitution, the right to an accounting, human rights violations and violations of international law: U.S. Court of Appeals for the Ninth Circuit: In re American Realty Capital Properties, Inc. Litigation
In November 2022, Google agreed to pay a nearly $392 million settlement related to location tracking practices, the largest consumer privacy settlement ever reached by U.S. state attorneys general ...