August 13, 2015
This week some highlights from the Westlaw Journal blog include an audio intro to a commentary about drones and state privacy laws and stories about an alleged victim of penny stock fraud and a Chinese video game maker suing a competitor over source code theft:
National companies considering commercial drones must consider state privacy laws, according to a recent commentary by Zachary D. Ludens, Esq., and Matthew E. Kohen, Esq., at Carlton Fields Jorden Burt. Click here for a one-minute audio introduction to the commentary. (Aviation)
7th Circuit freezes out alleged fraud victim from disgorged profits: An alleged fraud victim cannot receive the disgorged profits from a penny stock fraud because he was not a victim of that scheme, even though he says he was cheated by the same penny stock fraudster, the 7th U.S. Circuit Court of Appeals ruled July 23. The appellate panel said Brad Hare failed to intervene in the action at the trial stage, precluding him from requesting a portion of the disgorged profits from Frank Custable. (Securities Litigation & Regulation)
Chinese video game maker may sue competitor for source code theft, judge says: Shanghai-based video game developer Lilith Games Co. may proceed with claims that a U.S. company stole its software code to create a nearly identical version of its game “Sword and Tower,” a federal judge ruled July 8.
The lawsuit, filed in the U.S. District Court for the Northern District of California, alleges uCool Inc. swiped 240,000 lines of Lilith’s code and copied it into the source code embodied in the game “Heroes Charge.” (Software Law)