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.
Lime Wire LLC and founder Mark Gorton should pay the highest range of damages for harming the recording industry by allowing people to download songs for free, a lawyer for the music labels told jurors in a trial.
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.
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.
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.
Credit Suisse Group AG, Switzerland’s second-biggest bank, is considering selling additional stakes in an electronic interest-rates trading unit it set up last year, according to a person briefed on the plan.
Walt Disney Co. and other movie and TV studios asked a federal judge to rule that the file-sharing website Lime Wire LLC and its founder, Mark Gorton, induced people to illegally download shows and films without payment.