Friday, August 20, 2004

MGM v. Grokster, Ltd.

9th Circuit finds in favor of p2p file sharing.

Friday, August 13, 2004

Patriot Act + Technology + Privacy

Las Vegas hotel operators and airlines serving McCarran International Airport are being required by the FBI to turn over all guest and passenger names and personal information, at least during the holiday period, several sources said Tuesday.

The information is being transmitted electronically to the FBI on what could amount to 300,000 visitors to Las Vegas daily. Link

Wednesday, August 04, 2004

Plundering America

How American Investors Got Taken for Trillions by Corporate Insiders 2002 by William S. Lerach, San Diego, CA

And see "Why Insiders Get Rich, and the Little Guy Loses" 2004

Milberg Weiss + KVH

Copy of Federal Class Action July 27, 2004
Press Release
Counsel for KVH

The complaint alleges that during the Class Period defendants knowingly or recklessly made materially false and misleading statements that artificially inflated the price of KVH securities. Specifically, the complaint alleges that, at the commencement of the Class Period, defendants announced that they had begun to market the TracVision A5 Antenna (the “TracVision A5” or “A5”) as an affordable device that would allow consumers to watch television in their minivans, SUVs and other passenger vehicles. Between October 1, 2003 and February 13, 2004, defendants hyped the purported success of the Company’s TracVision A5 product launch and claimed that the product would drive the Company’s future growth and profitability. They blamed the Company’s lackluster performance on other parts of the business and thereby propped up the price of KVH stock until February 13, 2004 when, in an oversubscribed secondary offering, the Company sold 2.75 million KVH shares for $18.75 a share for total proceeds of $51.5 million, thereby increasing its market capitalization by 23%, from $222 million to $273.5 million.

Monday, August 02, 2004

How One Man Lost with PayPal

"Well the verdict is in. PayPal forced us into arbitration and we lost. Well we did get $5,000.00 taken of the $18,976.29 under the seller protection program, which means we only owe PayPal $13,976.29 + $784.97 interest and $312,213.50 in attorney fees and $26,703.91in paralegal fees."