November 19, 1996 |
Hyundai Electronics Industries Co., its Hyundai Electronics America unit and Advanced Micro Devices Inc. said they settled trade-secrets litigation brought by AMD for undisclosed terms, although AMD said they include injunctive relief protecting AMD's trade secrets. The Sunnyvale-based company won a preliminary injunction in Santa Clara County Superior Court to prevent Hyundai from using or disclosing secrets about its flash memory technology.
April 10, 1997 |
Midland, Mich.-based Dow Chemical Co. and Fairfield, Conn.-based General Electric Co. have settled a lawsuit in which Dow accused GE of hiring away workers to steal trade secrets, company executives said. In a joint news release, the companies said they had reached an "amicable resolution" but would not disclose further details. No money was involved in the settlement, they said. GE spokesman Bruce Bunch said the company did not acknowledge any guilt in the settlement.
December 15, 2006 |
Lionel, a maker of model trains for more than 100 years, won reversal of a $40.8-million trade secrets verdict that had sent the company into bankruptcy. A Detroit jury in June 2004 found that Chesterfield, Mich.-based Lionel had misappropriated designs from its rival, closely held model train maker Mike's Train House Inc. A federal appeals court in Cincinnati set aside the award and ordered a new trial, saying the trial judge had allowed improper expert testimony.
March 7, 2003 |
IBM Corp., the world's second-biggest software maker, is misappropriating trade secrets related to the Unix operating system, the company that owns the rights to Unix claims in a lawsuit. Lindon, Utah-based SCO Group, which purchased the rights to Unix in 1995, is seeking at least $1 billion in damages. The suit, filed Thursday in Utah state court, contends that IBM improperly transferred elements of its AIX version of Unix into Linux software.
August 28, 2003 |
Baxter International Inc., the world's largest maker of blood disease treatments, settled a lawsuit accusing Bayer Corp. and a former employee of stealing trade secrets about Baxter's products. Terms of the agreement weren't disclosed. Baxter had claimed that Gopal Dasari, a former Baxter Healthcare Corp. scientist who joined Bayer in May, had copied files on Baxter's products for hemophilia, cancer and kidney disease.
March 31, 1999 |
A jury has been selected at the trial of two Taiwanese executives accused of stealing trade secrets from adhesive maker Avery Dennison Corp. Pin Yen Yang, 72, president of rival Four Pillars Co. of Taiwan, and his 40-year-old daughter, Hwei Chen "Sally" Yang, are on trial in U.S. District Court in Youngstown, Ohio. The Yangs are accused of taking secrets, which could be used in making labels and tape, from Pasadena-based Avery by paying off one of the company's researchers in Ohio.