This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Emulex Files Lawsuit to Defend Itself Against Alleged Anticompetitive Conduct By Broadcom 2009-11-09 14:25 ET - News Release COSTA MESA, Calif. -- (Business Wire)
Emulex
Corporation (NYSE: ELX) today announced that it has filed a lawsuit
against Broadcom alleging that Broadcom has acted in an anticompetitive
manner in violation of federal antitrust laws, as well as made
defamatory statements and engaged in acts of unfair competition in
violation of seven separate statutes. The antitrust claims seek actual
damages, attorneys’ fees and costs, and injunctive relief. The complaint
also seeks punitive damages against Broadcom to punish and make an
example of Broadcom for its alleged “malicious” conduct. Emulex intends
to vigorously prosecute this litigation to fully redress Broadcom’s
conduct and statements, and it is hopeful that Broadcom will immediately
cease the conduct alleged in the complaint.
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