Search for: "STMicroelectronics NV"
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25 Feb 1:55 pm
A Financial Industry Regulatory Authority Panel says Credit Suisse Securities must pay STMicroelectronics $406 million. The award, issued in
favor of the semiconductor manufacturer, is over Credit Suisse Securities's sale of unauthorized auction ... bought student loan securities that were Federally guaranteed, which was
what the semiconductor company had mandated and authorized. STMicroelectronics N.V. says Credit Suisse Group engaged in fraud because of its
actions. Also, in STMicroelectronics's ...
19 Mar 12:48 pm
... USA LLC, a brokerage unit of the Swiss bank, to pay $400 million to its customer STMicroelectronics NV, a European semiconductor maker. STMicroelectronics claimed it had authorized Credit Suisse to make investments
in top-rated ... settle simply to end the bloodletting. Enforcement Many financial transactions will have an international element, as illustrated by the STMicroelectronics case. A party may be reluctant to commence proceedings in the home court of the other party fearing "home advantage ...
13 Feb 6:16 pm
It wasn't a particularly good day for banking stocks, nor was it a banner Friday for the legal group at Credit Suisse. An arbitration panel earlier today ordered a brokerage unit of the
bank to pay STMicroelectronics NV more than $400 million to settle claims it misled the semiconductor
maker into buying auction-rate securities that have lost much of their value. Click here for the Bloomberg story ...
21 May 8:04 pm
... judge's mistake, the ITC found Tessera patents infringed by six rivals: ATI Technologies, Freescale Semiconductor, Motorola, Qualcomm and Spansion (STMicroelectronics NV). Tessera prompted the action in 2007. The ITC issued a limited exclusion order, prohibiting
the importation of semiconductor chips that infringe several Tessera patents, and further issued cease-and-desist orders to Motorola, Qualcomm, Freescale and ...
17 Aug 6:48 am
... caught him in Marbella, Spain shortly before the trial began, and chose to detain him pending a late October sentencing. Prosecutors contend that companies that were deceived
include Potash Corp of Saskatchewan Inc, Roche Holding AG and STMicroelectronics NV. Paul Weinstein,
a partner at Emmet, Marvin & Martin LLP representing Butler, pinned blame for wrongdoing on Tzolov, whom he said lied to ...
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