Technology

J.P. Morgan Withheld Payment From Tech Client, Lawsuit Alleges

J.P. Morgan Chase & Co. allegedly withheld a $12 million payment to Good Technology Inc. last year, worsening a cash shortage that forced the mobile-security company into a sale brokered by the bank, according to newly public claims in a continuing legal dispute. The new details allege that the bank, in its capacity as a customer of Good Technology, hastened the company’s demise, even while the …


UC Regents File Lawsuit Against Medical Corporations for Patent Infringement

The UC Board of Regents filed a lawsuit against St. Jude Medical and Boston Scientific Corporation for patent infringement last week , alleging that the two companies used various medical technologies without authorization from the regents, who own the patent. Michael Lesh , a professor of medicine at UC San Francisco , invented a device and method for preventing atrial fibrillation , which …


SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cognizant Technology Solutions Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 5, 2016 – CTSH

NEW YORK, Oct. 14, 2016 — The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Cognizant Technology Solutions Corporation (“Cognizant Technology” or “the Company”) (NASDAQ:CTSH) between February 25, 2016 and September 30, 2016 . You are hereby notified that a securities class action lawsuit has been …


Google Reaches $5.5M Settlement on Safari Class Action

SiliconBeat reports Google has agreed to pay a $5.5 million settlement in a class-action suit that resulted from cookie placement that worked around Apple Safari do-not-track settings. The lawsuit suggested Google collected the user data to boost ad revenue. “Behaviorally targeted advertisements based on a user’s tracked internet activity generally sell for at least twice as much as non- …






Lawsuit Accuses Middle East Bank of Stealing an Orange County Entrepreneur’s Technology

Those dreams never materialized. InfoSpan is represented by the powerhouse law firm of Boies Schiller & Flexner — chaired by David Boies, among the country’s most well-known attorneys — while the bank hired Latham & Watkins, a large firm with offices worldwide, including in the Emirates. FOR THE RECORD The wealthy Persian Gulf region was of particular interest because of its reliance on 25 …