Wednesday, March 23, 2005

Lexar defeats Toshiba in CA Sup Ct on trade secrets charge

Lexar defeated Toshiba on a trade secrets charge; patent infringement is next.

from Reuters:

Lexar Media Inc., a maker of memory cards used in computers and digital cameras, on March 23, 2005 said a jury found Toshiba Corp. liable for breach of fiduciary duty and theft of trade secrets and awarded Lexar more than $380 million in damages.

The jury in the California State Superior Court in San Jose, also found that Toshiba's actions support an award of punitive damages, which are yet to be decided, Lexar said.

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