New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.
Walt Disney Co. and other movie and TV studios have asked a federal court to dismiss their copyright-infringement case against the file-sharing website Lime Wire LLC and its founder, Mark Gorton, according to a Nov. 7 court filing.
Boston Scientific Corp. , which makes coronary stents to repair clogged arteries, yesterday won more than $19 million in patent-infringement damages from Johnson & Johnson ’s Cordis Corp. after a jury trial.
Lime Wire LLC founder Mark Gorton told a jury he hadn’t “fully appreciated” the damages he might have to pay for copyright infringement in case of litigation over the free downloading of songs through the company’s website.
Warner Music Group Corp. and Sony Corp. , along with other owners of music labels, agreed during a trial to settle their copyright lawsuit against Lime Wire LLC and its founder, Mark Gorton , for $105 million.
Warner Music Group Corp. Chief Executive Officer Edgar Bronfman told a federal jury weighing damages caused by Lime Wire LLC’s copyright infringement that the effect on Warner’s business was “devastating.”
Lime Wire LLC, operator of a website found liable for inducing the infringement of music copyrights, was ordered to disable its program that allows users to download, upload and trade music recordings.