Stephen Larson News
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The heirs of Superman creators Jerome Siegel and Joseph Shuster took their 15-year-old fight with Time Warner Inc.’s DC Comics unit to reclaim the rights to the comic book hero before a federal appeals court.
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Mattel Inc. must retry its claims to MGA Entertainment Inc.’s Bratz dolls after an appeals court overturned a judge’s finding that Mattel owned the ideas and work of a former employee who first thought of the dolls.
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Fairfield Greenwich Group, the hedge fund that steered $7 billion to Bernard Madoff, faces new claims of fraud by investors who previously alleged negligence against co-founders Walter Noel, Jeffrey Tucker and Andres Piedrahita.
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Galleon Group LLC co-founder Raj Rajaratnam’s lawyer accused U.S. prosecutors of living in a “make-believe” and “imaginary world” where publicly available information about pending deals “didn’t exist.”
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Sandvik AB sued Kennametal Inc., claiming infringement of patents used for metal-cutting tools and a method for alumina coating.
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Mattel Inc. , the maker of Barbie, accused rival toymaker MGA Entertainment Inc. of stealing the idea for the pouty, multiethnic Bratz doll in 2000 when it made a deal with the designer who Mattel said worked for them when he made the initial sketches for the doll.
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Bank of America Corp. , ordered to return $500 million in deposits to Lehman Brothers Holdings Inc. and pay $90 million in interest, said it didn’t act with “maliciousness” and shouldn’t have to pay damages greater than $1.3 million of Lehman’s costs for litigating the case.
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Two executives with a California maker of emergency electricity towers were found guilty of paying bribes including a Ferrari to officials at a Mexican state-owned utility to obtain orders.
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Bayer AG was among drug companies told by European Union antitrust officials to submit details of patent-settlement deals that may be used to delay the sale of generic versions of medicines.
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OurPet’s Co. , a maker of pet products, sued Golden, Colorado-based Kong Co. for patent infringement over a dog toy.
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