Amazon Says Chinese Videos Reveal TM Suit Payout Scheme
By Ivan Moreno
Amazon has told a Chicago federal judge that it found Chinese-language videos and social media posts in which a China-based operator describes using federal lawsuits to release money from frozen seller accounts, offering a possible explanation for court-ordered transfers the e-commerce giant has challenged in more than a dozen trademark cases.
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POLICY & REGULATION
LITIGATION
Gemini Says Crypto Downturn Sank Stock Post-IPO, Not Fraud
By Sydney Price
Crypto exchange operator Gemini Space Station Inc. and some of its current and former executives and directors, including founders Tyler and Cameron Winklevoss, say an overall downturn in the cryptocurrency market is responsible for the exchange operator's plans to shift focus to the prediction market, and the risk of the shift was fully disclosed to investors.
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Marex Says Developer Sank CME Ventures Investment Deal
By Celeste Bott
Financial services firm Marex Capital Markets and two of its executives have sued a British software developer in Illinois federal court, alleging the developer sabotaged a potential investment by CME Group's venture capital arm in Marex's options-trading platform by secretly accusing them of stealing trade secrets, committing fraud and violating exchange rules.
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BANKRUPTCY
GOVERNMENT CONTRACTS
PEOPLE
EXPERT ANALYSIS
What $5.7B Apple Verdict Reveals About Patent Risk
A California federal jury's recent $5.7 billion damages verdict against Apple exemplifies the enormous financial exposure that can occur when patent-infringing features are incorporated into many units, though the outcome is ultimately dependent on the strength of the underlying infringement, validity and damages theories, says Michael Dorfman at Barclay Damon.
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LEGAL INDUSTRY
FBI Says Fired Agents Acted In Politicized Manner
By Aneeta Mathur-Ashton
Lawyers for the government argued in a Washington, D.C., federal court Wednesday that an unfair firing suit from two former FBI agents should be tossed because they worked in a politicized manner on the "Arctic Frost" investigation into President Donald Trump's attempts to overturn his 2020 election loss.
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