Tagged With "sued"

Japan's Toshiba (NASDAQOTH: TOSBF) has filed a fresh lawsuit against U.S. storage giant Western Digital (NASDAQ: WDC) . The suit, filed in Tokyo District Court, centers on Toshiba Memory Corporation, a 50-50 joint venture operated by the two companies. Toshiba has been attempting to sell the unit on its own in order to help shore up a damaged balance sheet. It selected a buyer, a consortium of Japan's Innovation Network Corporation, Bain Capital Private Equity, and Development Bank of Japan.

HP sued over use of forfeited 401K dollars Lawsuit filed on behalf of plaintiff Paul Hutchins in a US federal court in northern California, claims HP has taken forfeited funds – money the IT giant pledged to contribute to workers' 401(k) pots but unclaimed because employees left before their vesting periods – and used the money for its own benefit rather than keeping the cash in the staff retirement plan. The complaint, citing ERISA's "anti-inurement" provision, claims that such funds cannot...

HP sued for preventing non-OEM supplies Lawsuit filed in the U.S. District Court in the Northern District of Illinois Seeks an injunction against HP requiring the company to disable its printer firmware updates from preventing the use of non-HP branded supplies Also seeks monetary damages greater than $5 million

Epson sued over alleged MFP fire Lawsuit filed by Texas Farmers Insurance Company Alleges that an Epson color inkjet device “suffered a catastrophic fault and combusted, leading to a fire and smoke damage” in a home insured by company Seeking $394,878.83 in damages