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- From: Erik Josefsson <erikjosefsson@telia.com>
- To: patents@aful.org
- Subject: Re: [Patents] Alcatel: Patents creating Legal Insecurity and diverting Innovation Efforts
- Date: Thu, 27 Feb 2003 01:50:50 +0100
On Wed, 26 Feb 2003 19:36:44 -0500 (EST)
Gregory Aharonian <srctran@world.std.com> wrote:
> Alcatel's statement in its SEC filing is standard language for such
> filings, kind of cover-your-ass insurance, so that the company can't
> be later sued for failing to recognize a patent exposure.
>
> Greg Aharonian
Yes, but it still has to be true, otherwise you go to court as Alcatel
did in Delaware in 1999:
"A French company created a Delaware subsidiary to effect a
merger with an American corporation. Plaintiffs, former shareholders in
the American corporation subsumed by the French company as a result of
the merger, bring this action against the French company, its Delaware
subsidiary, and directors and officers of the French company alleging
that defendants violated federal securities laws by filing a materially
misleading proxy/prospectus with the Securities and Exchange Commission
("SEC")."
/Erik
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