Tokyo Electron Wins Lawsuit Against Discreet Industries Corporation and Ovadia Meron for Pirating Parts.Business Editors/High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--April 13, 2004 Tokyo Electron Limited (TEL TEL Telephone TEL Telegram TEL Telugu (langauge) TEL Terrorist Exclusion List TEL Technology-Enhanced Learning TEL Transporter-Erector-Launcher TEL Tetra-Ethyl Lead TEL Team Deutsche Telekom ) announced Tuesday that a jury in the United States District Court for the Eastern District of New York EDNY redirects here, for other uses see EDNY (disambiguation). The United States District Court for the Eastern District of New York is the federal district court whose jurisdiction comprises the entirety of Long Island (including the portion in New York City) and Staten returned a verdict of liability against Discreet Industries Corporation of Mineola, New York Mineola is a village in Nassau County, New York, USA. The population was 19,233 at the 2000 census. The name is derived from a Native American word meaning a "pleasant place." It is the county seat of Nassau CountyGR6. , for misappropriation misappropriation n. the intentional, illegal use of the property or funds of another person for one's own use or other unauthorized purpose, particularly by a public official, a trustee of a trust, an executor or administrator of a dead person's estate, or by any of Tokyo Electron Arizona's (TAZ's) trade secrets. The jury also returned a verdict against Ovadia Meron, the President of Discreet, personally for his role in that misappropriation. At the trial, TAZ taz - tgz proved that Discreet copied stolen TAZ technical drawings for Eclipse replacement parts and corrupted TAZ's confidential supplier network for those valuable parts. The jury awarded TAZ compensatory damages on a wide number of bases, including $2 million for Discreet's misappropriation, $1 million for conversion of TAZ' technical drawings, $1 million for unfair competition under federal law, $1.3 million for unfair competition under New York state law and $1 million for Discreet and Meron's tortious interference with TAZ's supplier contracts. Notably, the jury also awarded punitive damages of $2.6 million against Meron personally, and $1 million against Discreet. TAZ filed the lawsuit against Discreet and other replacement parts suppliers on May 21, 2001. The suppliers soon settled with TAZ, admitting liability and paying royalties to TAZ for their illegal business with Discreet. TAZ's PVD PVD abbr. peripheral vascular disease PVD Peripheral vascular disease, see there product line -- the focus of the case -- was sold to Metron Technology NV in 2003. TEL and TAZ continued to pursue this case as part of their ongoing policy to combat pirating of parts and tools. "TEL feels that it is imperative to identify and prosecute companies that pirate parts and equipment. Non-qualified parts can result in damage to our tools, causing downtime and efficiency loss to our customers. In addition, damage created by pirated parts could result in potential safety hazards for anyone working on the tool. One of our top priorities is to try to stop the flow of pirated goods." said Zoltan Papp, TEL director, global legal & intellectual property. "This case is part of TEL's program against piracy which it will aggressively continue worldwide." About TEL TEL is a leading supplier of innovative semiconductor and FPD (1) (Flat Panel Display) See LCD, plasma display, EL display, FED and flat panel display. (2) (Field Programmable Device) An umbrella term for all chips that can be programmed by the customer including SPLDs, CPLDs and FPGAs. See PLD. production equipment worldwide. Product lines include coater/developers, thermal processing systems, dry etchers, CVD CVD Cardiovascular disease, see there systems, wet cleaning systems, and test systems. In Japan, TEL distributes other leading edge semiconductor equipment tools, such as metrology tools or process control systems. In addition, TEL distributes high quality computer systems, semiconductor devices and electronic components of other leading suppliers, as well as computer network related products from around the world. To support this diverse product base, TEL has strategically located research & development, manufacturing, sales, and service locations all over the world. TEL is a publicly held company listed on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. . http://www.tel.com |
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