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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

August 1, 2016 by · Leave a Comment 

A federal judge has thrown out a verdict requiring Apple Inc to pay VirnetX Holding Corp $625.6 million for infringing four patents relating to Internet security technology, causing VirnetX's share price to plunge. In a decision late Friday, U.S. District Judge Robert Schroeder in Tyler, Texas said it was unfair to Apple that two

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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

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U.S. hedge fund founder is denied early release in insider case

December 31, 2015 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – A federal judge on Wednesday rejected hedge fund manager Doug Whitman's request to end his two-year sentence for insider trading early while he pursues his latest appeal of his 2012 conviction. U.S. District Judge Jed Rakoff said it would be unfair to release the Whitman Capital LLC founder from the Sacramento, California, halfway house where he was moved this month just because he is only five months away from possible freedom…

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U.S. hedge fund founder is denied early release in insider case

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U.S. new home sales rebound strongly in October

November 25, 2015 by · Leave a Comment 

September's sales pace was revised down to 447,000 units from the previously reported 468,000 units. Economists polled by Reuters had forecast new home sales, which account for about 8 percent of the housing market, rebounding to a rate of 500,000 units.

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U.S. new home sales rebound strongly in October

federal-judge

GM, law firm can keep ignition switch documents secret: U.S. judge

November 25, 2015 by · Leave a Comment 

By Jonathan Stempel NEW YORK (Reuters) – General Motors Co and its law firm need not turn over privileged documents to drivers hoping to show that the automaker intended to commit a crime or fraud by concealing defective ignition switches in…

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GM, law firm can keep ignition switch documents secret: U.S. judge