Home » As Profits Dip, Firms Face Tough Choices: The Morning Minute

As Profits Dip, Firms Face Tough Choices: The Morning Minute

by John Hensley

[ad_1]

THE CASE THAT WOULDN’T DIE – The Federal Trade Commission’s antitrust case against Qualcomm Inc. has been dead for years, slain by a 2020 Ninth Circuit opinion. But a consumer class action on behalf of millions of smartphone users is still breathing. As Law.com’s Scott Graham reports, consumers represented by Susman Godfrey, Cotchett, Pitre & McCarthy and others refashioned their complaint from a nationwide class pursuing federal claims to a California-only class seeking damages under California antitrust and unfair competition law. The amended complaint alleges Qualcomm illegally paid Apple Inc. to use Qualcomm chips exclusively for several years, stifling competition from companies such as Intel Corp. In a 37-page order issued Jan. 6, Judge Jacqueline Scott Corley of the Northern District of California allowed the exclusive dealing theory to proceed, saying consumers might succeed where the FTC failed.

ON THE RADAR – Varnum filed a lawsuit against the Detroit Institute of Arts on Tuesday in Michigan Eastern District Court. The suit, brought on behalf of Brokerarte Capital, seeks to recover ‘Liseuse De Romans,’ a painting by Vincent Van Gogh, that is currently in the defendant’s possession on loan from a private collection. The complaint contends that the plaintiff purchased the painting and transferred possession, but not the title, to a third party, who allegedly absconded with the painting in 2017. Counsel have not yet appeared for the defendant. The case is 2:23-cv-10066, Brokerarte Capital Partners, LLC v. Detroit Institute of Arts. Stay up on the latest deals and litigation with the new Law.com Radar


EDITOR’S PICKS

You Might Like

3 minute read

4 minute read

7 minute read

5 minute read

More From ALM

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now



[ad_2]

Source link

You may also like