Advertisements Although Fujifilm of Japan clearly isn’t happy that Xerox has called off the merger deal, there’s a good case...
Category: Legal Proceedings
Canon Inc. of Tokyo, Japan, today announced the conclusions of two separate patent-infringement lawsuits against CLT Computers, Inc. and Fairland, LLC, involving toner cartridges sold for use in Canon and HP laser printers.
“Fujifilm disputes Xerox’s unilateral decision to terminate the transaction,” the company said in its statement.
By refusing to dismiss their claims against Fujifilm, the law firm states that the Xerox shareholder lead plaintiffs aim to secure a more level playing field for all bidders of Xerox and to help ensure that “Fujifilm will not take further actions to disadvantage Xerox’s shareholders for its own benefit.”
Advertisements Canon Inc. of Tokyo, Japan, today reported that the District Court Düsseldorf in Germany has granted it a preliminary...
ACCC deputy chair Michael Schaper said: “Consumers were not made aware of the restriction on using non-HP ink cartridges when buying the printer or downloading the firmware update, and were denied the choice to accept or reject it…”
Fujifilm will review its plan to purchase Xerox for $6.1 billion, but also is said to have expressed serious concerns over the new developments.
Court papers noted: “The lynchpin of the Court’s decision turns on the conduct of Xerox CEO Jeff Jacobson in the time frame preceding the Board’s approval of a transaction that granted control of an American icon company to Fuji without any cash payment by Fuji to Xerox shareholders, and the Board’s acquiescence in Jacobson’s conduct.”
Xerox shareholders will vote on the proposed merger of Xerox with Fuji Xerox sometime next month.
The battle between Xerox and activist investors Carl Icahn and Darwin Deason has become even more acrimonious, with new amendments to a Deason lawsuit alleging that Xerox CEO Jeff Jacobson pursued a deal with Fujifilm even after Xerox’s board advised him to stop negotiations.
The men allegedly then sold the toner supplies for approximately $11 million to someone in Miami, Florida.
Fake or counterfeit printer supplies are fraudulently branded as being manufactured by the printer OEM – in contrast to third-party, non-OEM remanufactured supplies that aren’t illegally OEM-branded, but instead display the brand of the third-party.
U.S. ITC to Investigate Canon’s Patent-Infringement Allegations Against Third-Party Toner-Cartridge Sellers
Canon filed a patent-infringement lawsuit against Static Control in the U.S. District Court for the Middle District of North Carolina on February 28th, alleging that Static Control’s replacement toner cartridges and imaging drums designed for use in Canon and HP laser printers infringe on Canon’s patents.
U.S. District Court Judge Charles J. Siragusa also sentenced Ofstein to five years of probation.