Apple Agrees to Pay $490M to Settle Lawsuit Alleging That Tim Cook Defrauded Shareholders

Apple has agreed to pay $490 million to settle a class action lawsuit alleging that Apple CEO Tim Cook defrauded shareholders by concealing falling demand for iPhones in China, according to Reuters, which cited a court filing today. The proposed settlement requires approval by U.S. District Judge Yvonne Gonzalez Rogers in California. On a November […]

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Apple to Settle Trade Secret Lawsuit With SoC Startup Rivos

Apple has reached an agreement with Rivos, the SoC company that it sued in 2022 for theft of trade secrets, reports Bloomberg. Rivos will submit to a forensic examination of its systems to remove any confidential Apple information. Rivos hired more than 40 employees from Apple, including several former high-ranking engineers, leading Apple to file […]

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Samsung agrees to pay $150 million to settle QLED patent lawsuit

The latest statement from litigation firm GLS Capital confirms that Samsung has agreed to ink a $150 million agreement to end Nanoco Technologies Ltd.’s lawsuit. The lawsuit was filed against Samsung for using Nanoco’s technology in its QLED TVs. Adam Gill, GLS’s Capital managing director, said, “We were proud to support Nanoco in obtaining the […]

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Apple and Ericsson Reach Licensing Agreement to Settle Dispute Over Cellular Patents

Ericsson today announced it has reached a patent license agreement with Apple that will settle a long-running dispute between the two companies over patents related to cellular technology. The dispute dates back to early 2015 when the two companies sued each other over dozens of Ericsson patents related to cellular technology used in Apple products […]

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Judge Approves Apple’s Plan to Pay $50 Million to Settle Butterfly Keyboard Lawsuit

Apple’s plan to pay $50 million to settle a long running class-action lawsuit over the faulty butterfly keyboard today received preliminary approval from a California federal judge (via Law360). The payment will include $13.6 million in attorney fees, up to $2 million in litigation costs, and $1.4 million in settlement administration costs, with the rest […]

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Judge Approves Apple’s Plan to Pay $30.5 Million to Settle Bag Check Lawsuit

Apple will pay $30.5 million to settle a long-running lawsuit over employee bag checks, reports Bloomberg Law. Apple initially agreed to the sum in November 2021, and now a judge has given final approval to the settlement amount. The class action lawsuit involves 14,683 California employees who were subjected to off-the-clock bag searches between July […]

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