Thursday, March 24, 2005

California jury tells Toshiba to pay Lexar $380M damages and $84M punitives

A California jury decided that Toshiba and Toshiba American Electronic Components breached its fiduciary duty to Lexar and stole trade secrets from Lexar. The jury awarded general damages in the amount of $380M on Wednesday and on Thursday $84M in punitive damages.

Read the Wednesday story reported by techworld.com here.

Read the Thursday story reported by news.com.com here.

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