Tag: lawsuits

On2 Shareholders File Lawsuits To Stop Google Deal

On2’s shareholders – or at least a vocal subgroup of them – are not at all happy about the planned Google acquisition.  Two lawsuits have been filed to stop the deal, with both complaints alleging that On2 more or less served itself on a silver platter.
Google offered to acquire On2 for 60 cents per share (or $106.5 million in all), which represented a 57 percent premium over On2’s closing price the day before.  However, the day after the acquisition was announced, On2 gave its best quarterly financial report in over a year, which made the deal look less sweet. 

Latest Facebook Lawsuits, Features

There’s another rash of Facebook headlines today, and for once it looks like they’re all different. Keep reading—I’m saving the best for last! Lawsuits of late Facebook is always in and out of court. Sometimes they’re the plaintiff, such as in a case they’ve filed in federal court against some hackers, naming Brian Fabian, Josh Raskin, Ming Wu and Slickcash.com.

Courts Becoming Busy With Blog Lawsuits

March was a busy month for lawsuits involving bloggers and webmasters. The court system taking them to task for defamatory statements, with one case becoming the first to go to trial and result in a liability verdict.

A legal system once tentative about taking on digital cases is braving the waters with more frequency. Most of the cases we’ve reported on have involved the statements of anonymous commentators, liability for which webmasters and bloggers have been repeatedly exonerated (or are expected to be). But these are different.

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