/// Cisco Hit With $70M Jury Verdict, May Appeal

March 22, 2013  |  All Things Digital

A federal jury ruled that Cisco Systems Inc. should pay $70 million to XpertUniverse Inc. for fraud associated with a short-lived partnership between the companies. The jury found the networking company guilty of “fraud by concealment” in its dealings with XpertUniverse. It also found that Cisco violated two of the smaller company’s patents, awarding additional damages to XpertUniverse of about $34,000. Read the rest of this post on the original site »

Go here to see the original:
Cisco Hit With $70M Jury Verdict, May Appeal

Leave a Reply

You must be logged in to post a comment.