NEW YORK, NY – In a stinging blow to British financier Guy Hands, a federal jury has cleared Citigroup of any wrongdoing related to its role in the sale of EMI Group. Mr. Hands sought $8 billion plus punitive damages;...
NEWARK, NJ – Federal district court Judge William H. Walls denied class certification in a case brought by four named plaintiffs against Johnson & Johnson levying pay and promotion discrimination claims on behalf of approximately 8,600 black or Hispanic employees....
WILMINGTON, DE – A federal jury ordered Medtronics, Inc. to pay $73.5 million to Edwards Lifesciences Corp. after finding that Medtronics violated the patent on Edwards’ Sapien XT heart valve. The jury determined that Medtronic’s CoreValve line willfully infringed on...
SALT LAKE CITY, UT – SCO Group was unsuccessful in its bid to declare ownership rights to UNIX code, when a federal court determined that Novell was the rightful owner and that SCO had breached its asset-transfer agreement with Novell....
HACKENSACK, NJ – A New Jersey jury awarded Citigroup a defense verdict of $364.2 million in damages, handing the financial services company a decisive victory over Parmalat, the Italian dairy giant. The jury found that Parmalat had defrauded Citigroup in...