A California jury has awarded TechForward $22 million in damages for the improper use of its trade secrets by Best Buy and two of its subsidiaries relating to TechForward's Guaranteed Buyback Program. The jury determined that Best Buy's conduct was willful and malicious. The court also awarded TechForward an additional $5 million in punitive damages.
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A federal judge has given preliminary approval to a controversial class-action settlement of an antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard, but NRF is still exploring legal options to block the proposal.
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Dov Charney, chief executive officer of American Apparel, the clothing retailer best known for manufacturing its clothes in the United States, stands accused of conduct that seems more typical of an overseas sweatshop boss. A lawsuit filed last week in a Los Angeles court by a former store manager accuses Charney of choking him, throwing dirt at him and deriding him with an anti-gay slur.
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