lawsuit

Facebook and the banks that financed its IPO want a judge to put the brakes on a slew of lawsuits filed by unhappy investors.

In court documents released Wednesday, Facebook claimed it was not required to reveal its own forecasts on how its mobile and product strategy might affect future sales, Reuters said today, even if that information had been disclosed to its underwriters.

Facebook is facing a host of lawsuits claiming that it misled investors about its financial health before it went public last year. Morgan Stanley and other underwriters are also targeted in many of the suits, blaming … Read more

Craigslist has won the first round in its federal lawsuit against PadMapper and two other companies, which extracted and used real estate listings from the world's most popular classifieds site.

U.S. District Judge Charles Breyer in San Francisco on Tuesday rejected attempts by the defendants to dismiss Craigslist's lawsuit, which alleged a slew of unlawful acts -- including terms of use violations, copyright violations, trespass, and civil violations of the Computer Fraud and Abuse Act (CFAA).

"Defendants' continued use of Craigslist after the clear statements regarding authorization in the cease and desist letters and the technological … Read more

Opera Software has sued former employee Trond Werner Hansen, alleging that he gave trade secrets to rival browser maker Mozilla.

The Norwegian company seeks damages of 20 million kroner, or $3.4 million, according to a report by newspaper Dagens Naeringsliv, which uncovered the suit and wrote about it Monday.

"Opera is of the opinion that the former employee has acted contrary to his contractual and other legal obligations towards Opera. Among other things, we claim that he is in breach of the duty of loyalty and his contractual and statutory confidentiality obligations," said Ole E. Tokvam, a … Read more

Apple is challenging a verdict from a Texas court last November that left it on the hook to pay security software company VirnetX $368.2 million in damages.

The news came tucked inside Apple's quarterly report, which was filed earlier this week, Computerworld notes.

"The Company is challenging the verdict, believes it has valid defenses and has not recorded a loss accrual at this time," Apple said in its filing with the U.S. Securities and Exchange Commission.

The original complaint, which was filed in August 2010, accused Apple of infringing on four of VirnetX's patents … Read more

The on-again, off-again scenario of whether to allow taxi-hailing apps to set up shop for a pilot program in New York City is back on again.

State Supreme Court Judge Carol Huff dismissed a lawsuit Tuesday that sought to halt the pilot program, which was filed by a group of mostly livery-car companies, according to the Associated Press. This means that startups like Uber, GetTaxi, and Hailo can now commence with e-hails.

The way the taxi-hailing apps work is by letting potential passengers put their location information into the app, which is then sent to yellow cabs. The first taxi … Read more

Live-television streaming service Aereo is revving up its fight against major U.S. broadcasters.

The company took out a full-page ad in the front section of The New York Times on Tuesday, making a case as to why its business isn't breaking copyright law.

"People have enjoyed the right to access over-the-air broadcast television using an antenna for over 70 years," the ad says. "About 54 million Americans use some sort of antenna to watch TV. This is not piracy. This has been part of the American way since the beginning of broadcasting."

Aereo is … Read more

Anyone who got into it with Apple over botched early versions of the iPhone and iPod Touch may be in the running to get some extra cash.

The hardware giant has agreed to shell out $53 million to settle a class action lawsuit originally filed against the company in 2010, according to Wired. The suit involved Apple vs. user warranty disputes.

Apparently, thousands of owners of the original iPhone, iPhone 3G, iPhone 3GS, or the first three generations of the iPod Touch who unsuccessfully haggled with Apple to get their defective device replaced or repaired under warranty can submit claims … Read more

A federal judge has decided not to elevate an antitrust lawsuit over non-poaching agreements to class action status. But the ruling is far from final.

In a decision announced today, U.S. District Court Judge Lucy Koh said there was not yet enough evidence to turn a present civil suit against seven technology companies into a class action lawsuit, according to Reuters.

The case refers to a civil suit filed in 2011 by five workers against Google, Intuit, Apple, Intel, Adobe, Pixar, and Lucasfilm, claiming that the companies tried to keep down wages through non-poaching agreements.

Six of the companies … Read more

A new lawsuit claims Apple's latest headphones could be confused with a line of hearing aids bearing a similar, trademarked name.

In a complaint filed late last week, Randolph Divisions and Hearpod Inc. said Apple's EarPods headphones infringe on its trademark for "Hearpods." Randolph Divisions filed for the name in February 2005, and ended up using the name in its line of hearing aids.

"Both Plaintiffs' Goods and Defendant's Goods are similar in nature in that, among other things, they are inserted into the ears of their users and are used to facilitate and … Read more