A former Chairman of the the Advisory Board of a professional mutual fund pleaded guilty today in federal court to a series of charges in a $13 million conspiracy to defraud in investors by falsely claiming that Praetorian Global Fund Ltd. privately owned pre-IPO Facebook and Groupon stock before each…
Articles Tagged with facebook
Facebook and Apple have been hit with another patent infringement lawsuit brought by small, relatively obscure research/technology companies. Yesterday, PersonalWeb Technologies and Level 3 Communications filed a suit against both technology companies in the U.S. District Court for the Eastern District of Texas. The two plaintiff companies allegedly each own…
Yesterday, the Regents of the University of California and Eolas Technologies, Inc. filed a lawsuit against Facebook in the U.S. District Court for the Eastern District of Texas. The suit alleges that Facebook has infringed on four different patents owned by the Regents and to which Eolas has an exclusive…
Blue Spike, LLC filed a patent infringement lawsuit yesterday in the U.S. District Court for the Eastern District of Texas naming 22 defendants, including Facebook. Blue Spike is a technology company owned by self-described inventor and steganographer Scott Moscowitz.
Sure, California may be facing a $15.7 billion deficit, but the Facebook IPO has Sacramento singing, "Goodbye grey sky, hello blue." State senator Michael J. Rubio already has plans on how to spend the expected bump to the state's coffers.
Today, Facebook, Inc. filed a Form S-1 Registration Statement [PDF] with the U.S. Securities and Exchange Commission in preparation for its initial public offering. Here are some observations from reading this interesting filing. Billion with a B. Companies that manufacture and sell tangible products are easy to understand. For a…
The U.S. Court of Appeals for the Ninth Circuit will hear arguments next year over the dismissal of a class-action by Facebook users who claimed they were hurt when Facebook promoted its "Friend Finder" by displaying their profile information. A briefing schedule is now listed on the court's case docket.…
Last week, Netflix announced some big changes in their structure and offerings. First, they will split into two companies: one for streaming and one for physical DVD rental. Second, Netflix subscribers will be able to share and discuss their rentals through Facebook. The Netflix blog reports: "The Netflix/Facebook integration empowers you…
Here is a rundown of August's highest scoring lawyers on Justia Legal Answers, along with a look at which Onward blog and Facebook posts readers viewed the most. Justia Legal Answers’ Top 10 Legal Answerers for August 2011 Francis M. Boyer, 2,311 points, 48 answers Mark A. Siesel, 801 points,…
Here is a rundown of June's highest scoring lawyers on Justia Legal Answers, along with a look at which Onward blog and Facebook posts readers viewed the most. Justia Legal Answers’ Top 10 Legal Answerers for June 2011 Albert Pettigrew Jr, 1,300 points, 26 answers J. Richard Kulerski Esq., 830…