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03/29/05
A jury in California has found Toshiba and one of its U.S. units liable in a case brought by Lexar Media concerning flash memory and ordered Toshiba to pay US$380 million in damages, Lexar said last week. Toshiba and Toshiba America Electronic Components were found liable of breach of fiduciary duty and theft of trade secrets in the case in the Superior Court for the State of California, County of Santa Clara. Additionally, the jury found Toshiba guilty of actions which may support punitive damages, said Eric Whitaker, executive vice president and general counsel of Lexar. Evidence will be presented to the jury on Thursday to support a claim for further damages. Whitaker said the amount of damages claimed will be made public in court on Thursday and will be based on the net worth of Toshiba. Toshiba declined to comment on the jury's recommendation. Both the jury's recommendation on Wednesday and subsequent awards that might be made are subject to confirmation by the judge in the case.
Posted by GEN-ERIC at 12:09:03 am into the following categories: In The News
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