Posted inSettlements

Happy Day for Former Sitcom Cast

The actors from the 1970s sitcom 'Happy Days' have settled a lawsuit with CBS and Paramount. The production companies were accused of intentionally withholding royalty payments on 'Happy Days' merchandise included in the actors' contracts.
2 minutes
Posted inSettlements

Apple Turnover: iPad Settlement Goes for $60 Million in China

iPad

Apple has agreed to pay a $60 million to a Chinese company to settle a lawsuit over the iPad trademark. Proview Technology will receive a small fraction of their original asking price of $400 million, which might help them recover from the fringe of insolvency.  Certainly not a bad pay day.  Although the technological terror that is Apple Inc. has plenty of money to throw around, I hope somebody lost their job for over-looking the fact that they trademarked the word “iPad” in every country except the largest one in the world.  More details and analysis after the jump.

3 minutes
Posted inSettlements

Red Bull Gives You Spam

Red Bull is facing a class action lawsuit for sending out spam text messages in violation of the Telephone Consumer Protection Act, which prohibits companies from sending unsolicited advertisements to anyone without consent.
2 minutes