BUSINESS NOTES PATENT SUIT CLAIMS COPYCAT PRODUCT.MALIBU - Toymaker
Toymaker (real name Cosmo Krank) is a brand new, original villain in The Batman. He first appeared in Cash for Toys. He is voiced by Patton Oswalt. JAKKS Pacific was hit with a patent infringement suit Wednesday by New Jersey-based competitor Rose Art Industries. The suit, filed in U.S. District Court in Newark, alleges violation of Rose Art's patent for the Floam molding compound. JAKKS' subsidiary Flying Colors offers a similar product, Zyrofoam. Rose Art is seeking damages and an injunction barring future marketing of the product. JAKKS' representatives were unable for comment. - Daily News Complaint names Southland Title BURBANK - The California Department of Insurance The California Department of Insurance (CDI), established in 1868, is the angency charged with overseeing the regulation of insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in the state filed a formal complaint against Southland Title Corp. for unlawful title rebates, including a demand for an $8.8 million penalty. The complaint alleges that Southland unlawfully reimbursed unnamed realty agents in Los Angeles, Orange County and San Diego for referring clients for title services in exchange for sports tickets, fishing trips and food. ``It's basically like a kickback The seller's return of part of the purchase price of an item to a buyer or buyer's representative for the purpose of inducing a purchase or improperly influencing future purchases. scheme,'' said Mike Silva, deputy press secretary for the CDI CDI compact disc interactive: a system for storing a mix of software, data, audio, and compressed video for interactive use under processor control . ``You can't really determine whether there was actual harm to consumers - they could have been the best choice. Anytime there's a conflict of interest, though, we frown on that because it's not good for the consumer.'' Southland's president, David Cronenbold, was out of the office Wednesday and did not return messages. According to Silva, Southland must pay the penalty within 10 days or face sanctions against further business. - Daily News Restaurant, gym to open in plaza Workers in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or will soon have the opportunity to fill their stomachs, then work it off. Upscale eatery Arnie Morton's of Chicago, the Steakhouse, and Gold's Gym announced plans on Wednesday to open locations at 7+FIG, the retail section of Ernest and Young Plaza. Morton's will seat 175 in its dining room, and take groups as large as 80 in its private boardrooms. Gold's location will offer 34,000 square feet of exercise area, including weight machines, an indoor swimming pool and a boxing ring. TrizecHahn, the firm that manages the property, hopes the two additions will further fuel its downtown rejuvenation Rejuvenation Aeson in extreme old age, restored to youth by Medea. [Rom. Myth.: LLEI, I: 322] apples of perpetual youth by tasting the golden apples kept by Idhunn, the gods preserved their youth. [Scand. Myth. project. - Daily News CFO See Chief Financial Officer. of Franklin leaves job, firm WESTLAKE VILLAGE - Thomas Russell quit as chief financial officer of Westlake Village-based Franklin Telecommunications Corp., it was announced Wednesday. FTC FTC See Federal Trade Commission (FTC). makes high-speed voice-over Internet protocol telephone equipment and provide next-generation IP-based telecommunications services. Russell, who joined Franklin as CFO and director in October 1996, is relocating to another part of the country. - City News Service |
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