In a significant development for the technology sector, Paltalk, Inc. (NASDAQ: PALT) has announced that a federal judge has entered a final judgment in its favor for $65.7 million in a patent infringement lawsuit against Cisco Systems, Inc. The… Article Source https://www.citybuzz.co/2024/10/11/paltalk-secures-65-7-million-judgment-in-patent-infringement-case-against-cisco/
A Texas judge cemented a $65.7 million jury verdict against Cisco Systems Inc. for infringing Paltalk Holdings Inc.’s patent by placing its protected hybrid audio server technology into conferencing products. Cisco infringed US Patent No.
Liberty Mutual has backed out of settlements following the overturning of a $1.6 billion judgment it was involved in underwriting. The judgment stemmed from a lawsuit between BMC Software and IBM, with Liberty and other insurers covering parts of the policy. The recent appellate decision in favor of IBM has caused repercussions in the industry, … Read more
In a significant decision, the court sanctioned the California Department of Civil Rights in a high-profile caste discrimination lawsuit against Cisco Systems. The case, which involved accusations against Indian-American executives Sundar Iyer and Ramana Kompella, resulted in a symbolic $2,000 fine against the CRD. The ruling was seen as a victory for both Cisco Systems … Read more