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Asbury Park Press from Asbury Park, New Jersey • Page 8

Publication:
Asbury Park Pressi
Location:
Asbury Park, New Jersey
Issue Date:
Page:
8
Extracted Article Text (OCR)

ASBURY PARK PRESS WEDNESDAY, APRIL 6, 2011 page www.app.com Poll Judge overturns $625.51.1 patent suit sgost flppk ship, who services drilling equipment and says he has repeatedly refinanced his home and dipped into his pension to pay for his children's college. His inability to afford retirement "sounds like America at the moment," Marshalek "Sounds like the normal instead of the abnormal." Marshalek was among the 25 percent in the poll who say they plan to never retire. People who are unmarried, earn under $50,000 a year, or say they did a poor Job of financial planning are dis-. proportionately represented among that group. FROM PAGE AT The survey also highlights the particular retirement challenge facing boomers, who are contemplating exiting the work force just as the worst economy in seven decades left them coping with high jobless rates, tattered home values and painfully low interest rates that stunt the growth of savings.

"I have six kids," said Gary Marshalek, 62, of South Abington Town AP PHOTO Diamond Foods Inc. Is buying Procter Gamble Prlngles chips business In a $1.5 billion deal. Diamond Diamond says the addition of Pringles will more than double its snack sales in the U.S. and U.K., which are Pringles' two biggest markets. It also will give Diamond a greater presence in U.S.

grocery, drug, mass merchandise and convenience Flow, which lets users flip through album covers and other content as if through a stack of cards; Time Machine, which performs automatic backups; and Spotlight, which is software for searching computer hard drives. The jury awarded Mirror Worlds $208.5 million for each patent violation. Cupertino-based Apple had asked the U.S. District Court to wait to enforce the jury award, saying there were still issues that needed to be addressed. Among other things, Apple objected to the way the damages were calculated.

Mirror Worlds, which was founded by Yale University computer science professor David Gelernter to bring his ideas to market, initially sued Apple in 2008. A lawyer representing Mirror Worlds had no comment. An Apple spokeswoman declined to ASSOCIATED PRESS SAN FRANCISCO A federal judge has overturned a federal jury's order that Apple Inc. pay $625.5 million in damages for violating patents held by Mirror Worlds LLC, a small technology company. The decision by U.S, District Judge Leonard Davis in Tyler, Texas, which was disclosed in a Monday court filing, dismisses one of the largest-ever patent infringement verdicts.

In his ruling Monday, the judge said that "Mirror Worlds may have painted an appealing picture for the jury, but failed to lay a solid foundation sufficient to support important elements it was required to establish under the law." In October, a federal jury in Tyler determined that Apple infringed on three of Mirror Worlds' patents, which cover several features on Apple's Mac computers iPhones and iPods. The technologies at issue include Cover Slots FROM PAGE AT "We have to believe that Diamond can breathe new life into (Pringles)" Ramey wrote in a client note. Pringles would become the third billion-dollar brand to be sold off by in recent' years, after Folgers and Actonel. It leaves with 23 brands with $1 billion in annual sales or more. Diamond's stock jumped $3.84, or 6.7 per-cent, to close at $61.06.

It reached a new 52-week high of $63.96 earlier in the session. back. "We're going to be very vigilant about that," he said. The change will not affect slots customers. They will still either win or lose while they are playing a particular machine.

The difference is for the casino. Under the new rule, the casinos no longer will have an outstanding liability or an obligation to pay for a slots jackpot that is canceled. Pringles brand is more than four decades old and is, sold in more than 140 countries, with manufacturing plants in the U.S., Europe and Asia. It has continued to add flavors based on region, including mozzarella stick and marinara in North America, prawn cocktail in Europe, jalapeno in Latin America and seaweed in Asia. FROM PAGE AT Lichtblau said the casinos will not be allowed to play "bait-and-switch" with slot games, allowing jackpots to build up, then canceling them, only to return them to use soon afterward with a smaller jackpot The new rules require that when a particular progressive theme is ended, it can't be brought Prison Pietsch, was fearful for the safety of both himself and his family, Brown said.

Still, the government wrote a letter to Debevoise recommending a lighter sentence because Slabon's information led to the guilty pleas of four others, Kelly said. The government's request was "the weakest and most unenthusiastic" letter he had ever received, Debevoise said. But Slabon "minimally meets the criteria for (a lighter sentence)." Brown requested Slabon be held at a prison camp in Lewisburg, Pa. Michael L. Diamond; 732-643-4038; mdiamondnjpressmedta.

com; www.twitter.com mdiamondapp ten on his behalf by people who heard his speech at the Young Presidents Organization were nearly identical, the judge said. And the judge appeared to find Slabon's cooperation with federal authorities, at least at first, half-hearted. Assistant U.S. Attorney Christopher Kelly said Slabon told the government about his scheme with D'Anton, but twice didn't disclose his fraud against P.C. Richard.

"Mr. Slabon was given an opportunity to cooperate that not everybody was given, told he had to be truthful, said he understood, and then lied," Kelly said. The explanation: Slabon, after a heated confrontation with P.C. Richard's bon's lawyer, portrayed his client as a devoted father who demonstrated remorse by speaking on three occasions to the Young Presidents Organization, a network of young chief executives, delivering a cautionary tale. But unlike the previous defendants in the case, Slabon past isn't pristine.

He was convicted at the age of 22 of defrauding the Food and Drug Administration by transferring anabolic steroids. And he stole from two ex-girlfriends, who described him as "a pathological liar" and a "scammer," Debevoise said. Attempts to show Slabon had turned the corner were met with skepticism by Debevoise. Three letters writ based parent company of Charlie Brown's Steak-house. D'Anton received improvements to his Manas-quan home and perks that included tickets to Broadway shows and flights on chartered jets, according to court papers.

Designline received contracts. (D'Anton in February was sentenced to two years in prison for his role.) Slabon also admitted to overbilling Farmingdale, N.Y.-based P.C. Richard for work on the company's distribution center in Carteret (John Pietsch, director of construction for P.C. Richard, 'was sentenced in December to five months prison and five months probation for his role.) Raymond Brown, Sla- His company focused on building restaurants and drug stores. It reported annual revenue of $80 million as recently as 2008.

But it filed for bankruptcy in May 2009 and was liquidated. Slabon has been sued separately by the case's trustee, who alleges that he pocketed $10.4 million that should have gone to the company. But Slabon's attorney said Tuesday that his client's net worth was $2 million less than what he owes. Slabon pleaded guilty last July to charges that he conspired to commit bribery and wire fraud. More specifically, Slabon admitted to paying kickbacks to Russell D'Anton, the former chief executive officer of the Mountainside- FROM PAGE AT "This guy is walking over everybody, and we're all out here getting (a raw deal) every single day," said Mike Smith, owner of MRS Welding and Fabrication Inc.

in Penndel, who is owed more than $29,000 and worries he might have to declare bankruptcy. "We've got to have a voice somewhere, and we sure aren't getting it from the justice system." Slabon, who is youthful looking with strawberry blond hair, wore a gray suit as some 30 supporters filled the courtroom. was ass ft A mm odMLl KRYSTAL CANCUN $599 FROM fc INCLUDES 3 nights, all-inclusive hotel transfers. (ONUS save 25. J50 resort credit per person kids 1 2 1 under stay eat free.

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Pages Available:
2,393,295
Years Available:
1887-2024