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Articles about Lawsuits

Dell plans sale of non-core assets to reduce EMC buy debt

Dell and EMC have agreed on the documentation to be put to the latter's shareholders at a forthcoming meeting that will vote on the merger of the two companies. And the document reveals that Dell plans to sell off some non-core businesses after the merger. The document in question is a Form S-4, one of the many regulatory …
Simon Sharwood, 15 Mar 2016

Lawyer flings class action sueball at EMC over Dell merger

A hopeful New York law firm has filed an amended class action complaint on behalf of EMC stockholders, asserting the Dell-EMC merger prospectus “contains materially false and misleading statements and omissions of material fact.” The GrantLawFirm, a solo practice by Lynda J. Grant, says it filed the complaint on behalf of all …
Chris Mellor, 03 Feb 2016
Hyper Media Shop by https://www.flickr.com/photos/rka/ CC 2.0 attribution generic https://creativecommons.org/licenses/by/2.0/

EMC Federation to reveal new hyper-hyper converged appliances

EMC, VMware and VCE will soon announce a new range of hyper-converged appliances that EMC II CEO David Goulden says are game-changers. “For the last several months EMC and VMware partnered very closely to develop a new next-generation hyper-converged appliance family that uniquely leverages technology from EMC, VMware and VCE …
Simon Sharwood, 28 Jan 2016

New bill would require public companies to disclose cybersecurity credentials

A new bill introduced to Congress on Thursday would require US publicly listed companies to disclose who on their Board has cybersecurity expertise. If it passes, the Cybersecurity Disclosure Act of 2015 would oblige companies to add details of which, if any, of their directors know about online security in filing to the …
Kieren McCarthy, 18 Dec 2015

Scandal-hit Toshiba faces investor sueball over accounting woes

Ailing Japanese corporation Toshiba is the target of a lawsuit from embittered shareholders over the stock price crash that resulted from a multi-billion dollar accounting debacle. Some fifty individuals have sued the organisation as well as with three former CEOs and two ex-CFOs for 301.99 million yen (£1.62m) in damages, …
Paul Kunert, 07 Dec 2015

Autonomy ex-boss Lynch tells of poisonous life within HP in High Court showdown

Analysis Former Autonomy CEO Mike Lynch has stepped up his rhetoric against HP in his latest lawsuit against the firm, having characterized HP as a snake pit of backbiting and internecine squabbling where execs "generally fought amongst themselves like cats in a sack." In papers [PDF] filed with the UK High Court on Thursday, Lynch …
Neil McAllister, 02 Oct 2015

Ex-Autonomy CEO Mike Lynch sues HP for $150m+

Autonomy founder and ex-CEO Mike Lynch is suing HP for at least $150m (£100m) in damages over its assertion that he helped cook the books to inflate the price it paid for the software firm. Back in the summer of 2011, HP forked out $10.7bn to acquire Autonomy. Little over a year later, the US giant accused Lynch of …
Paul Kunert, 01 Oct 2015

HP's Mad King Léo ignored Autonomy iceberg, emails claim

Leo Apotheker of former HP fame ignored warnings from his own board and shareholders about the ill-fated $11.1bn Autonomy acquisition that resulted in a $8.8bn write-down and allegations of accountancy fraud, a cache of internal emails suggests. The messages were filed in a northern California district court at the end of …
Kat Hall, 28 Sep 2015

Ashley Madison wide open to UK privacy lawsuits, claim lawyers

The Ashley Madison hack could cost the company millions and millions of pounds in compensation and settlements in the UK alone, according to lawyers Pinsent Masons. Around 9.7GB of customer data from the website for people who seemingly can't be trusted, and a sister site, were released by hackers on Tuesday night following …
John Leyden, 21 Aug 2015

Pure as the driven IPO: Upstart tells SEC it's go for stock market debut

Pure Storage, funded to the tune of $470 million and valued at around $3 billion, has filed for an IPO. The all-flash array biz was founded in 2009 and has taken in funding and grown fast every year. It's currently being ranked as the second highest player in the all-flash array market behind EMC, which Pure sees as its main …
Chris Mellor, 13 Aug 2015
Nvidia GeForce

Pray harder for AMD

Graphics and mobile chip kingpin Nvidia posted unexpectedly solid results for the second quarter of its fiscal 2016 on Thursday and said it projected next quarter's numbers to be strong, as well. Total revenue for the three months ending on July 26 was $1.15bn, which trounced even Wall Street's most optimistic expectations. …
Neil McAllister, 06 Aug 2015
Dell logo in crosshairs

Judge says some top Dell shareholders are plum out of luck in share buyout beef

Dell has successfully whittled away at a lawsuit brought against it by major shareholders who think Michael Dell's 2013 buyout of the firm came with too small a price tag. In a Monday ruling, the Delaware Chancery Court found that five large institutional investors were ineligible to participate in the suit because the way in …
Neil McAllister, 13 Jul 2015
HP

HP lifts lid on Autonomy lawsuit claims, but Lynch cries BOLLOCKS

On Tuesday, HP made public the details of the lawsuit it has filed against former Autonomy executives Mike Lynch and Sushovan Hussain in the UK, in what is just the latest round in litigation that is only likely to get uglier as the suit progresses. "HP confirmed today that Particulars of Claim against Lynch and Hussain were …
Neil McAllister, 06 May 2015
Hippies stage sitdown on beach (in shape of peace sign)

VMware makes it all Good again after patent brouhaha

Mobile security provider Good Technology has resolved its legal brawl over a patent dispute with VMware. The dispute arose between the companies after VMware splashed $1.54bn (£1bn) on Airwatch and along with its technology also acquired the company's lawsuits. Good filed an initial suit against AirWatch in 2012, claiming the …
Kat Hall, 17 Apr 2015

Judge greenlights class-action suit accusing AMD of securities fraud

A US federal judge has given the green light for a class-action lawsuit accusing AMD of securities fraud over the chipmaker's alleged failure to inform investors of problems with its manufacturing. The suit, first filed in January 2014 and amended in June of that year, accuses AMD of willfully misleading investors by …
Neil McAllister, 01 Apr 2015

HP blasts $5.1bn sueball at ex-Autonomy execs, Lynch preps return fire

As it has long threatened to do, HP has sued two former Autonomy executives, accusing them of impropriety related to the two companies' financially disastrous 2011 merger. The Palo Alto, California firm filed suit against Autonomy cofounder Mike Lynch and former CFO Sushovan Hussain at the High Court in the UK on Monday, over …
Neil McAllister, 31 Mar 2015

Judge OKs HP's cash-free settlement plan in Autonomy investor suit

HP has won court approval of a deal that would settle a lawsuit brought by shareholders over HP's botched acquisition of software maker Autonomy. US District Judge Charles Breyer has granted preliminary approval of the latest version of HP's proposed settlement, Bloomberg reports, despite having rejected similar proposals …
Neil McAllister, 13 Mar 2015
gavel_judgment_channel

VMware sued, accused of ripping off Linux kernel source code

Linux kernel developer Christoph Hellwig has sued VMware in Hamburg, Germany, over alleged violations of the GNU General Public License. Hellwig's suit, which is backed by New York-based advocacy group the Software Freedom Conservancy, alleges that VMware's proprietary ESXi hypervisor products use portions of the code that …
Neil McAllister, 05 Mar 2015
management regulation2

IBM sued for talking up semiconductor business it couldn't give away

A US public pension fund has filed a class-action lawsuit against IBM, claiming the company misrepresented the value of the semiconductor business it offloaded to GlobalFoundries in October. The suit filed by the City of Sterling Heights Police & Fire Retirement System in Michigan accuses IBM of having inflated its own share …
Neil McAllister, 03 Mar 2015

Judge spanks SCO in ancient ownership of Unix lawsuit

IBM has had a win in its long court battle with SCO over just who owns Unix and, by extension, whether Linux is an unauthorised clone. Some quick and simplified history: SCO – short for The Santa Cruz Operation – was a software company that offered a version of Unix for x86 chippery. When Linux came along in the late 90s and …
Simon Sharwood, 19 Dec 2014

Win Server 2003 custom support: That's NOT going to be fun

Microsoft could make a mint from charging businesses for custom support once Windows Server 2003 goes end of life next summer - but it may not make financial sense or be that easy to do so. There are millions of servers globally still running the 13 year-old OS with one in five customers forecast to miss the 14 July deadline …
Paul Kunert, 15 Dec 2014

Cisco: Think we're a lawsuit-hurling villain? 'Complete garbage'

Anyone that paints Cisco as a sueball-slinging bully boy that flexes its legal eagles to stem rivals' innovation is talking “complete garbage”, or so says its president of development and sales. The denial comes after Cisco last week filed several lawsuits in the US to "stop" Arista's "repeated and pervasive copying of key …
Paul Kunert, 12 Dec 2014
Satya Nadella speaking at a Microsoft cloud event

US taxmen won't say WHY they're probing Microsoft. So Redmond is suing the IRS

The US Internal Revenue Service has been digging into Microsoft's tax records from 2004 through 2009, and Redmond has filed a lawsuit against the government to find out why. In documents [PDF] filed with the US District Court of the District of Columbia on Monday, Microsoft alleges that the IRS has failed to respond to a …
Neil McAllister, 24 Nov 2014

ANOTHER red-ink-spattered quarter for Overland Storage

Comment Data manager Overland is still making losses (bigger ones more recently) with profitability like a mirage forever receding into the distance, despite having acquired Tandberg Data as a way of cutting its operating expenses and expanding its markets. Revenues for its 2015 first fiscal quarter were $22.9m, double the $10.6m …
Chris Mellor, 14 Nov 2014
cloud

HP releases OpenStack cloud

HP has put its stamp on the world of OpenStack clouds, with its Helion OpenStack community edition code general availability, as of today. Helion OpenStack starts with a community edition available now, which the company says is suitable for proof-of-concept and pilot deployments, based on the Icehouse release. The company's …

Red Bull does NOT give you wings, $13.5m lawsuit says so

A website set up by Red Bull to allow its caffeine guzzling consumers to stake a claim to a multi-million dollar award for failing to get the wings its ad slogan promised, crashed under the weight of interest. The Austria-based drinks maker is to settle US lawsuits out of court, brought by a long-time user, Benjamin Careathers, …
Paul Kunert, 11 Oct 2014
Larry Page's new yacht, 'Senses'

Hey, HP shareholders! Mike Lynch is set to buy a 180-foot superyacht with his Autonomy loot

Exclusive Mike Lynch, the man whose sale of software biz Autonomy to HP resulted in an $8.8bn writedown at the US titan and ongoing probes by the Serious Fraud Office, the US Justice Department and the SEC, is set to splash out some of his gains on an enormous yacht. Sources tell The Register that Lynch is engaged in purchasing a …
Paul Kunert, 12 Sep 2014
Gun and dollars

Ex-Autonomy execs: HP's latest wad blows apart fraud allegations

Another week, another round in the ongoing bunfight between HP and the former management team of Autonomy. This time, the ex-Autonomy bods have claimed that new court documents filed by HP prove the latter has misrepresented the reasons why it had to write down $8.8bn in its botched acquisition of Autonomy in 2011. In a …
Neil McAllister, 12 Sep 2014
Terror at 20,000 feet

'Everywhere I look ... it's bad': HP claims email shows Autonomy CFO panic, pre-buyout

In the latest court filing in HP's rancorous legal squabble with former Autonomy execs, the tech giant has revealed what it describes as a damning email from ex-Autonomy CFO Sushovan Hussain, prompting a spokesperson for the latter to again accuse HP of "smear tactics." HP is seeking to settle a lawsuit brought by its own …
Neil McAllister, 06 Sep 2014
Steve Jobs, credit Apple site, screengrab

Silicon Valley tech titans beg for more mediation time in wage-fix lawsuit

Some of the biggest names in Silicon Valley have filed a court motion asking for more time in mediation before going to court to fight former employees who claim they were put on secret no-hire blacklists by their bosses. The class action suit claims that from 2005 the bosses of Adobe, Apple, Google, Intel, Intuit, Lucasfilm, …
Iain Thomson, 04 Sep 2014
apothekerCHANGES2

Autonomy ex-moneyman: 'Visionary' Léo would have made HP merger work

The former chief financial officer of Autonomy has struck back against HP's claims that he defrauded it and its shareholders, arguing that HP's execs were solely responsible for bungling the company's $10.2bn acquisition of Autonomy in 2011. "HP's Opposition swells with bile, but its sound and fury signify nothing," lawyers …
Neil McAllister, 12 Aug 2014

HP says it will sue former Autonomy CFO Sushovan Hussein

HP has confirmed that it plans to sue Sushovan Hussain, the former chief financial officer of data analytics software firm Autonomy, whom HP claims "was one of the chief architects of the massive fraud" that forced HP to write down $8.8bn of the $10.2bn it paid to acquire Autonomy in 2011. In documents [PDF] filed with the US …
Neil McAllister, 04 Aug 2014

Autonomy's ex-chief beancounter tries to kill HP investor settlement

Autonomy's former chief financial officer has sought to block HP from settling three shareholder lawsuits over its botched acquisition of the British software company. The former exec claims HP will use the settlements to "forever bury" its supposed culpability in the calamitous buy. Sushovan Hussain, who served as Autonomy's …
Jack Clark, 21 Jul 2014
cloud computing Fight

Forget the mobile patent wars – these web giants have patented your DATA CENTER

Special report As the months go by, the world's tech giants again and again face off in court alleging patent infringement, usually to bag some extra cash and derail their rivals. In the last few years we've seen various landmark lawsuits in areas as diverse as the inner workings of the software within Android (Oracle v Google), and the …
Jack Clark, 11 Jul 2014
paper cut-out men holding hands in linked semi-circle

HP and shareholders to gang up against 'Brit Bill Gates'

Hewlett-Packard and its disgruntled shareholders have settled three lawsuits related to the $10.7bn acquisition of British search specialist Autonomy. But the Autonomy fight is not over – far from it. Both sides have now agreed to co-operate in "potential litigation" against Autonomy’s former CEO Mike Lynch and members of his …
Gavin Clarke, 01 Jul 2014
Samsung 60nm 1Gb DDR 2 DRAM chip and DIMM

Samsung issues 'deep apology' to cancer-hit semiconductor workers

Samsung has officially apologised to over 200 semiconductor workers who suffered from leukaemia and other cancers – for which their families blame the Korean firm. The company has also promised to compensate "affected" workers and their families, according to local news agency Yonhap. "Several workers at our production …
Supreme Court Building

Victory for Microsoft as Supremes decline to hear Novell's WordPerfect whine

The decade-long legal fight over the reasons WordPerfect failed has ended in victory for Microsoft after the US Supreme Court declined to hear Novell's appeal and shut the door on a potential billion-dollar settlement for the company. "We're happy this case is now over for good and think it shows we'll persistently defend …
Iain Thomson, 28 Apr 2014

Hello Moto: Lenovo grabs Motorola biz for $3bn. But Google's KEEPING the patents

Lenovo has signed a deal to buy the loss-making Motorola Mobility smartphone manufacturer for $2.91bn, but a switched-on Google is keeping the patents owned by the firm it gobbled two years ago for $12.5bn. "The acquisition of such an iconic brand, innovative product portfolio and incredibly talented global team will immediately …
Iain Thomson, 29 Jan 2014
Cthulu springs from HP desktop printer

Yes, HP will still sue you if you make cartridges for its inkjet printers

HP is trumpeting new victories in its longstanding war against makers of ink cartridges that work in its inkjet printers, having scored recent legal wins in Germany and Poland. The dead-tree-coloring king said on Tuesday that it had closed two separate lawsuits with German firm BestUse, which failed to mount any kind of …
Neil McAllister, 29 Jan 2014
Steve Ballmer as Doctor Evil

Ballmer: 'We made more money than almost anybody on the PLANET'

Outgoing Microsoft CEO Steve Ballmer may have egg on his face when it comes to missteps like Windows Vista, but he has no regrets about what he saw as his real job at Redmond: pulling in profits. "How do you make money? How do you make money? How do you make money?" Ballmer bellowed in a new interview with Mary Jo Foley for …
Neil McAllister, 11 Dec 2013
BlackBerry bleeding

Lenovo sniffing BlackBerry's laundry, may purchase: report

Lenovo and BlackBerry have reportedly signed a non-disclosure agreement (NDA) that lets the Chinese concern send in the accountants in order to gain an understanding of whether the beleaguered phone-maker is worthy of an acquisition. The Wall Street Journal reports (paywalled) that the NDA covers all aspects of BlackBerry's …
Simon Sharwood, 18 Oct 2013

Two years after Steve Jobs' death, how's that new CEO working out?

Analysis Two years ago today, Apple cofounder Steve Jobs died. Since then, much has changed at Apple, with the most visible difference being Tim Cook stepping out from under the shadow of his larger-than-life predecessor, shepherding Apple's product lines, expanding its distribution, reshuffling its executive team, mollifying investors …
Rik Myslewski, 05 Oct 2013

Lawsuit claims Microsoft misled investors in Surface RT fiasco

A US law firm has filed a class-action lawsuit on behalf of Microsoft shareholders, alleging that Redmond misled investors when it failed to alert them to dismally poor sales of its ARM-based Surface RT fondleslabs. According to a press release issued by the law firm of Robbins Geller Rudman & Dowd on Monday, the suit charges …
Neil McAllister, 14 Aug 2013
Dell logo in crosshairs

Dell takeover latest: Icahn tells Big Mike where to stick his rule rewrite

Michael Dell and Silver Lake Partners, who want to take sole control of IT giant Dell, are willing to offer their fellow stockholders $13.75 for each share - but only if the rules on voting on the deal are changed. Unsurprisingly, top-gun investor Carl Icahn, who has a $14-per-share deal on the table, has now urged the Dell …
Jim McNiel

SEC filing spills beans on Falconstor's breakup with ex-main man McNiel

A recent SEC filing has brought to light some of the details of the recent sudden departure of the CEO of standalone storage software shipper FalconStor - including the admonition that if the SEC didn't insist on the publication of the agreement, that neither party would tell all on, er, Twitter... The storage firm is living on …
Chris Mellor, 22 Jul 2013
gavel_judgment_channel

Apple threatens ANOTHER Samsung patent lawsuit

After a US judge refused Apple's request to add the Galaxy S 4 to the list of products for which Cupertino accuses Samsung of infringing upon its patents, Cook's crew is threatening to fire up yet another lawsuit against the Korean smartphone and tablet rival. US Magistrate Judge Paul Grewal turned down Apple's petition to add …
Rik Myslewski, 27 Jun 2013

Probe into Autonomy allegations could take years - report

The federal probe into the alleged book-cooking at Autonomy prior to its acquisition by HP could take years to play out, according to reports. This will not be music to the ears of Mike Lynch, former CEO of Cambridge-based Autonomy, who stands accused, along with his fellow directors, of deceptive accounting irregularities that …
Paul Kunert, 12 Jun 2013
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Tech giants' offshore cash-stashing is only ever a delaying tactic

Comment Do companies have a duty to their shareholders to dodge as much tax as possible? Are Google, Apple and Facebook simply following the law as they ought to by shovelling everything through Ireland and Bermuda? Unsurprisingly, it depends on which law you think they're supposed to follow, for the law does, in fact, vary across …
Tim Worstall, 11 Jun 2013
management management3

SAP shuffles execs to chase cloud success

It is time for musical chairs at SAP, and the desire to ramp-up products that run on the cloud and sell more of them is calling the tune to which the executives are dancing. The German software giant said in a statement that Lars Dalgaard, head of its entire cloud operations and the founder and CEO of SuccessFactors, was leaving …
Dell chairman and CEO, Michael Dell

More naysayers pour cold water on Dell LBO

Dell, the company, might want to be more like IBM, but this leveraged buyout takeover bid that Michael Dell and Silver Lake Partners have put together is starting to smell more like the Hewlett-Packard acquisition of beleaguered Compaq more than a decade ago. Southeastern Asset Management, which owns an 8.4 per cent stake in …

Opinion

Walking on water, image via Shutterstock

Chris Mellor

IDC stats reveal who's who in the backup appliance bearpit
Carry on Cleo

Gavin Clarke

Infamy, infamy, Amazon and Microsoft have all got it in for me!

Tim Anderson

Also signals stronger cross-platform tools, access to new markets

Features

Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers
single pain of glass