Days after being rebuked by shareholders, Citigroup Inc Chief Executive Vikram Pandit and the bank's directors have been sued by a shareholder accusing them of awarding outsized pay to top executives.
BlackBerry maker Research In Motion has hired law firm Milbank, Tweed, Hadley & McCloy LLP to work out a restructuring plan that could include selling assets, seeking joint ventures or licensing patents, people briefed on the matter said.
A Google engineer, testifying in a high-stakes trial pitting Oracle Corp against Google Inc, denied that he referred to Oracle or any other company when he wrote in an email that Google should take a license to use the Java programming language.
Nokia lost a court case on Friday after a regional court in Mannheim, Germany, found the Finnish mobile phone company had violated patents belonging to German patent firm IPCom.
