Administrative law judge

Global Water Resources Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024
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PHOENIX, March 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • PHOENIX, March 06, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, reported results for the fourth quarter and full year ended December 31, 2023.
  • Water consumption increased 19.4% to 0.90 billion gallons in the fourth quarter of 2023.
  • Recycled water volume increased 12.6% to 818 million gallons in the fourth quarter of 2023.
  • Global Water Resources will hold a conference call tomorrow to discuss its fourth quarter and full year 2023 results, including a question-and-answer period.

International Trade Commission Confirms to Terminate Patent Infringement Investigation Brought by Ouster Against Hesai

Retrieved on: 
Thursday, October 12, 2023
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Ouster wrongly sued Hesai in contravention of its merger partner Velodyne's patent cross-licensing agreement with Hesai which binds the combined Ouster/Velodyne entity.

Key Points: 
  • Ouster wrongly sued Hesai in contravention of its merger partner Velodyne's patent cross-licensing agreement with Hesai which binds the combined Ouster/Velodyne entity.
  • Hesai has fully abided by the agreement, but Ouster tried to escape its legal obligations.
  • The Commission terminated the ITC Action because the prior agreement specified disputes should be arbitrated, not submitted to Courts or the ITC.
  • It is irresponsible and misleading for Ouster to characterize Hesai’s motion to terminate as an attempt to avoid a ruling on the merits.

Hesai Statement Correcting Recent Misinformation in the Market

Retrieved on: 
Wednesday, September 6, 2023
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Hesai BackgroundHesai is a publicly traded and privately owned company that began as a Silicon Valley lidar start-up in San Jose, California (“Hesai” means “Jose” from San Jose in Chinese). It was founded in 2014 by two Stanford University engineering graduates and a University of Illinois Ph.D. Since then, Hesai has grown to become the global leader in designing, developing, and producing superior performing, high quality and safe lidar solutions for the Autonomous Mobility (AM) or robotaxis, Advanced Driver Assistance System for passenger cars (ADAS), and last-mile delivery and industrial automation for robotics markets. Since its inception, Hesai has become the global leader, having shipped over 200,000 lidars to the AM, ADAS and robotics markets, including over 87,000 lidars in the first half of 2023 alone. Based on SEC filings and equity and industry research reports, for the full year 2022 and the first half of 2023, Hesai is the unequivocal market leader in terms of revenues and lidar units delivered. Hesai has established its leadership in the global lidar market while enjoying gross margins of more than 30 percent – the highest in the industry -- dispelling baseless allegations that Hesai sells lidars below cost to gain market share. Hesai’s leadership in the lidar sector – with 47 percent of the global market share for automotive lidars – has been earned by designing and producing superior performing and higher quality lidar products as judged by the lidar marketplace.

Key Points: 
  • Hesai is a publicly traded and privately owned company that began as a Silicon Valley lidar start-up in San Jose, California (“Hesai” means “Jose” from San Jose in Chinese).
  • Hesai has established its leadership in the global lidar market while enjoying gross margins of more than 30 percent – the highest in the industry -- dispelling baseless allegations that Hesai sells lidars below cost to gain market share.
  • Hesai disputes and denies all of Ouster’s allegations as baseless and lacking merit and is vigorously defending its IP and legal rights.
  • Hesai lidar does not and cannot independently wirelessly transmit any operational or biometric data or data of any other kind.

Statement on Ouster’s Ongoing Enforcement of its Patents Against Hesai

Retrieved on: 
Monday, August 28, 2023
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The initial determination is not a decision on the merits of Ouster’s ongoing patent infringement case against Hesai.

Key Points: 
  • The initial determination is not a decision on the merits of Ouster’s ongoing patent infringement case against Hesai.
  • Ouster invented digital lidar technology following an engineering breakthrough and holds one of the largest patent families in the lidar industry.
  • Ouster's complaint sets forth how, after the market shifted toward Ouster’s digital lidar, Hesai stole Ouster’s revolutionary patented technologies and incorporated them into Hesai’s competing products.
  • The company will continue to vigorously enforce its patents and seeks to bar all infringing products from the United States.

Are your “all natural” claims all accurate?

Retrieved on: 
Monday, January 16, 2023
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According to the FTC, the companies pitched their products as “all natural” or “100% natural,” but included synthetic ingredients.

Key Points: 
  • According to the FTC, the companies pitched their products as “all natural” or “100% natural,” but included synthetic ingredients.
  • - Erickson Marketing Group, doing business as Rocky Mountain Sunscreen, promotes products – including its “Natural Face Stick” – as “all-natural.” What’s in the Face Stick?
  • - Beyond Coastal advertises that its “Natural Sunscreen SPF 30” is “100% natural.” But what's really in it?
  • In reply to If your product "contains.. by Erica V
    In reply to The word "Natural" even in by Oliver P

ITC Rules Apple Violated AliveCor's Patents

Retrieved on: 
Friday, December 23, 2022
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MOUNTAIN VIEW, Calif., Dec. 22, 2022 /PRNewswire/ -- AliveCor, the global leader in FDA-cleared personal electrocardiogram (ECG) technology, today announced that the International Trade Commission (ITC) has issued its Final Determination ruling that Apple Watch infringed AliveCor's patented technology. The ITC issued a Limited Exclusion Order (LEO), a cease and desist order and set a bond in the amount of $2.00 per unit of infringing Apple Watches imported or sold during the Presidential review period, potentially impacting sales of millions of infringing Apple Watches.

Key Points: 
  • The ITC issued a Limited Exclusion Order (LEO), a cease and desist order and set a bond in the amount of $2.00 per unit of infringing Apple Watches imported or sold during the Presidential review period, potentially impacting sales of millions of infringing Apple Watches.
  • The ITC has suspended enforcement of its orders pending resolution of AliveCor's appeal of the U.S. Patent and Trademark Office, Patent Trial and Appeal Board's ("PTAB") decision finding the asserted patents unpatentable.
  • Today's ruling marks a victory for AliveCor and affirms the Initial Determination issued in June by Administrative Law Judge (ALJ) Cameron Elliot of the ITC.
  • In addition to fighting Apple on patent infringement in the ITC, AliveCor continues to seek relief in the Northern District of California from Apple's anticompetitive behavior.

INTU Alert: Monsey Firm of Wohl & Fruchter LLP Investigating Intuit, Inc. for Potential Securities Law Violations

Retrieved on: 
Monday, November 7, 2022
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MONSEY, N.Y., Nov. 07, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether Intuit, Inc. (Nasdaq: INTU) (Intuit) has violated federal securities laws.

Key Points: 
  • MONSEY, N.Y., Nov. 07, 2022 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating whether Intuit, Inc. (Nasdaq: INTU) (Intuit) has violated federal securities laws.
  • Intuit sells financial software and products to individuals and small businesses, including TurboTax, QuickBooks, and Credit Karma.
  • On November 3, 2022, the Bear Cave published a report highlighting recent regulatory actions concerning Intuits business practices.
  • Please visit our website, www.wohlfruchter.com , to learn more about our Firm, or contact one of our partners.

SharkNinja Largely Prevails in Initial Determination in Patent Case Brought by iRobot

Retrieved on: 
Monday, October 10, 2022
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SharkNinja Operating LLC, a subsidiary of JS Global (HKEX: 1691.HK), an innovation leader in the consumer floorcare industry, today announced that the International Trade Commission issued its Initial Determination in an ongoing patent case brought by iRobot Corp. (iRobot) against SharkNinja, largely in SharkNinjas favor.

Key Points: 
  • SharkNinja Operating LLC, a subsidiary of JS Global (HKEX: 1691.HK), an innovation leader in the consumer floorcare industry, today announced that the International Trade Commission issued its Initial Determination in an ongoing patent case brought by iRobot Corp. (iRobot) against SharkNinja, largely in SharkNinjas favor.
  • The Initial Determination found for iRobot on certain claims of two patents, which were asserted against a small subset of SharkNinjas product line.
  • SharkNinja is pleased with the outcome of the Initial Determination with respect to the issues on which it prevailed.
  • The Initial Determination agreed that the redesigned products that SharkNinja produced during the investigation do not infringe any of the asserted iRobot patents.

Administrative Law Judge Rules in Favor of Illumina in FTC Challenge of GRAIL Deal

Retrieved on: 
Thursday, September 1, 2022
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WASHINGTON, Sept.1, 2022 /PRNewswire/ -- Illumina, Inc. (NASDAQ:ILMN), today received a favorable decision from the Administrative Law Judge (ALJ) presiding over the Federal Trade Commission's (FTC) challenge of the GRAIL acquisition.

Key Points: 
  • WASHINGTON, Sept.1, 2022 /PRNewswire/ -- Illumina, Inc. (NASDAQ:ILMN), today received a favorable decision from the Administrative Law Judge (ALJ) presiding over the Federal Trade Commission's (FTC) challenge of the GRAIL acquisition.
  • "Reuniting Illumina and GRAIL will transform the detection and treatment of cancer by facilitating widespread, affordable access to GRAIL's life-saving Galleri test.
  • This decision is a step toward making that vision a reality," said Francis deSouza, Chief Executive Officer of Illumina.
  • GRAIL was founded by Illumina seven years ago with the goal of developing an early screening test for multiple types of cancer.