Apple's newest courtroom foe is patent-savvy university
As a veteran of the global smart phone wars, Apple(AAPL.O) is used to courtroom battles with fierce competitors such as Samsung(005930.KS) and Nokia(NOKIA.HE).
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Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N), already under fire over steep price hikes for two heart drugs, said it had been subpoenaed by U.S. prosecutors seeking details on its patient assistance programs, drug pricing and distribution practices.
Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday found the iPhone maker used technology owned by the University of Wisconsin-Madison's licensing arm without permission in chips found in many of its most popular devices.
CME Group Inc has permanently banned three traders who admitted to violations including the manipulative strategy known as spoofing, according to disciplinary notices issued on Monday.
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