Intellectual Property,
Civil Litigation
Nov. 25, 2022
Jury rules for Virtual Sonics Inc. in lawsuit by former investor
Following three days of testimony and 45 minutes of deliberations, a federal jury ruled that a company that creates digital instruments for use in movies, video games and other media did not violate the California Labor Code when it repurchased its interest from film producer and business investor Scott Mednick without paying investors deferred compensation.
“The jury figured out what happened here and got the right result,” said Sasha Fr...
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