Trade

Landmark Ruling: $200 Million Damages Awards Against Syntel Vacated in Trade Secret Case, Judge Rules

by

NEW YORK, NY – In a significant legal development, a federal judge in New York City has overturned approximately $200 million in damages awarded to TriZetto, an affiliate of Cognizant, in a high-profile trade secret misappropriation and copyright infringement case against Syntel. The ruling, issued on Wednesday, marks a major setback for TriZetto and highlights the complex nature of such legal disputes. The lawsuit, which accused Syntel of stealing trade secrets and infringing on TriZetto’s copyrights, had resulted in a substantial financial victory for TriZetto. However, the judge’s decision to vacate the damages awards has … Read more

Apple and Chip Startup Rivos Settling Trade Secrets Lawsuit

by

San Jose, California – Apple has reached a settlement with chip startup Rivos, ending a two-year legal battle over stolen trade secrets. Both parties informed a judge on Friday that they are working towards finalizing the settlement by March 15. Apple had filed a lawsuit against Rivos in May 2022, accusing the “stealth-mode” startup of luring away engineers who had access to confidential company information. The lawsuit claimed that former employees stole Apple’s System-on-a-Chip specifications and design files at Rivos’ request during the recruitment process. In response, Rivos countersued Apple in September 2023, claiming that … Read more

Texas Attorney General Sues Pfizer Over Alleged Deceptive Trade Practices Surrounding COVID-19 Vaccine

by

LUBBOCK, Texas – The Texas Attorney General, Ken Paxton, has filed a lawsuit against pharmaceutical company Pfizer, alleging misrepresentation and deceptive trade practices related to its COVID-19 vaccine. The lawsuit, initially filed in Lubbock’s 99th District Court, is now expected to be moved to federal court at Pfizer’s request. The company argues that its work was done on behalf of the federal government, justifying the shift to the federal system. Paxton’s lawsuit accuses Pfizer of making misleading public statements about the efficacy of its COVID-19 vaccine. The vaccine was supplied to the government as part … Read more

Social Media Trade Group Takes Legal Action Against New Ohio Law Requiring Parental Consent for Minors

by

Columbus, Ohio – A trade group representing multiple social media sites has filed a lawsuit to block a new law in Ohio that would require companies to obtain verifiable parental consent for children under 16. The law, known as the Parental Notification by Social Media Operators Act, is set to take effect on January 15. Trade group NetChoice, which counts Facebook, Instagram, YouTube, and others among its clients, claims that the law is unconstitutional. This is not the first time NetChoice has taken legal action against states that have enacted laws regulating social media use … Read more