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Court Clears Microsoft in $1.5 Billion Patent Action by Lucent
Court News |
2008/09/29 07:16
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Microsoft Corp. does not have to pay $1.53 billion in damages awarded to Lucent Technologies in a dispute over two patents for compressing digital music into MP3 format, the Federal Circuit ruled. The court affirmed U.S. District Judge Rudi Brewster's decision to throw out a jury's verdict against the world's largest software maker.
In February 2007 the San Diego jury ruled that Microsoft's Windows Media Player infringed on Lucent's patents. Brewster tossed the verdict in August 2007, finding that the jury had improperly used the value of the entire computer as the royalty base.
The Federal Circuit held that Microsoft had not infringed one of the two patents, and that Lucent lacked standing to sue Microsoft over the second patent. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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