Litigation Law

Plaintiff Zubulake Publishes Book on Eponymous Litigation – Law.com

Laura Zubulake, who took on UBS Warburg in a federal lawsuit alleging gender discrimination that turned the judge into a celebrity, has just published a book about her experience. The Untold Story of My Quest for Justice was released this … Continue reading

ItoM Successfully Concludes Patent Litigation With Qualcomm, Broadcom, and Others – NBCNews.com

Semiconductor Ideas to the Market (ItoM) B.V. announced today that it has dismissed, with prejudice, several companies, including Qualcomm and Broadcom, from its patent infringement lawsuit currently pending in the Eastern District of Texas. The lawsuit …

Google Moves Toward Settlement of European Antitrust Investigation – New York Times

Europe’s competition commissioner, Joaquín Almunia, had asked Google in May to make concessions in four areas or face formal antitrust charges, which could mean years of costly litigation and hefty penalties if it lost. “The commission …

2nd UPDATE: Visa Posts 3rd-Quarter Loss on Litigation Charge – Wall Street Journal

–Company has already accrued for the settlement in a litigation escrow funded by card-issuing banks –U.S. debit-card volume declined 9% (Updated with general counsel comments on settlement in paragraphs nine-10, details about debit-card volume …

2nd UPDATE: Visa Posts 3rd-Quarter Loss on Litigation Charge – NASDAQ

Visa Inc. (V) reported a $1.8 billion loss after taking an expected $4.1 billion charge in its fiscal third quarter for a pending settlement of merchant lawsuits over credit-card transaction fees. Stripping out the charge and related tax benefit …

Visa Posts 3rd-Quarter Loss on Litigation Charge – 4-traders (press release)

Visa Inc. (V) reported a $1.8 billion loss after taking an expected $4.1 billion charge in its fiscal third quarter for a pending settlement of merchant lawsuits over credit-card transaction fees. Stripping out the charge and related tax benefit, Visa … Continue reading

Visa’s earnings, weighed down by litigation costs, still beat analysts’ forecast – Washington Post

NEW YORK — Visa posted a loss of $1.8 billion for the April-to-June period on an increase in litigation costs. Excluding that expense, Visa’s results were much better than analysts expected. Payments processors Visa and MasterCard, along with a number … Continue reading

Fidelity Joins BlackRock in Weighing Libor Action Against Banks – Bloomberg

Libor-related litigation “has the potential to be the biggest single set of cases coming out of the financial crisis because Libor is built into so many transactions and Libor is so central to so many contracts,” said John Coates …

Samsung’s evidence destruction will be factor in upcoming trial – Apple Insider

Samsung claims the policy is in line with Korean law. For its part, the Sourth Korean electonics giant did issue litigation hold notices to staff in 2010 before litigation began which instructed employees to “preserve any and all such documents … Continue reading

Visa posts 3Q loss of $1.8B on litigation cost – CBS News

NEW YORK — Visa posted a loss of $1.8 billion for the April-to-June period on an increase in its litigation costs. Payments processors Visa and MasterCard, along with a number of major banks, recently settled a longstanding legal battle …