Search Results for: Samsung

California Attorney General Xavier Becerra announced Friday that the state of California has filed to join the US Department of Justice in an antitrust lawsuit against tech giant Google. The lawsuit was filed in October by the federal government, and was joined by 11 states including Texas, Georgia and Florida. Becerra will be the first [...]

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The Seoul Central District Court on Monday denied an arrest warrant request for Samsung Group heir Jae Y. Lee. Allegations submitted by prosecutors included accounting fraud and stock manipulation relating to the alleged role of Lee in the 2017 political scandal in South Korea and the controversial merger of C&T and Cheil Industries in 2015. [...]

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US District Judge Lucy Koh of the Northern District of California ruled late Tuesday against Qualcomm in an antitrust suit filed by the Federal Trade Commission (FTC). The suit, originally filed in 2017, aimed to end what the FTC described as “anti-competitive business practices” on the part of Qualcomm. Qualcomm is a major producer of [...]

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Former South Korean president Park Geun-Hye was sentenced to 25 years in prison on Friday by the Seoul High Court in connection with corruption charges and bribes from companies such as Samsung. This ruling extends the former president’s prison sentence by an additional year and increases Park’s fines by 2 billion won for a total [...]

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Following a trial in the US District Court for the Northern District of California , a jury returned a verdict on Thursday ordering Samsung to pay Apple approximately $539 million for infringing on Apple’s smartphone patents. The jury awarded Apple $533,316,606 for design patent infringements and $5,325,050 for utility patent infringements. The verdict comes in [...]

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Former South Korean president Lee Myung-bak was arrested and jailed early Friday on multiple corruption charges, including bribery, embezzlement and abuse of power. The Seoul Central District Court approved the arrest warrant based on serious allegations...

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