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Canon Inc. Message Board

  • aztrex1960 aztrex1960 Nov 21, 2003 1:12 PM Flag

    Maxim

    SAN JOSE JURY HITS MAXIM SUBSIDIARY WITH
    MULTI-MILLION DOLLAR VERDICT
    SAN JOSE, CALIFORNIA, NOVEMBER 20, 2003 - Dallas Semiconductor Corporation, a subsidiary of Maxim Integrated Products (NASDAQ:MXIM) was hit yesterday with an $11.4 million-dollar verdict. A jury in San Jose, California awarded the $11.4 million in damages in a lawsuit brought by Lam Research Corporation of Fremont, California (NASDAQ:LRCX). Lam charged Dallas with breaching purchase-order contracts for semiconductor fabrication systems and claimed that after Maxim acquired Dallas in 2001, Maxim stopped Dallas from completing the transaction.
    Lam was represented by Bergeson, LLP. Bergeson�s trial attorneys, John (Jay) Fowler and Marc van Niekerk said Maxim pulled the plug after Lam built two of the six systems Dallas had ordered. Maxim took over Dallas and later claimed there were no contracts because the boilerplate language on the back of the purchase document conflicted. Jay Fowler, the lead trial attorney stated: �This is an important decision for business. The jury clearly understood and properly applied the Uniform Commercial Code.� Van Niekerk said, �This was a smart and hard-working jury. They were not fooled by Maxim�s tactics.� The jury took less than a day to rule in favor of Lam.
    Judge Schneider of the Santa Clara Superior Court presided over the five week trial. Judge Schneider has set a December hearing date for Lam�s claim against Maxim that it is Dallas Semiconductor�s alter-ego.
    CONTACT: Jay Fowler, Esq.
    Bergeson, LLP
    408-291-6200
    408-291-2755 (direct)
    jfowler@be-law.com

 
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