Copyright Infringer Receives Nearly 5 Years in Prison
James Baxter, of Wichita, Texas, was sentenced to 57 months in federal prison for violating federal copyright law. From 2006 to 2007 he sold “backup” copies of Adobe products such as Photoshop and Illustrator on various websites that he owned and operated. Baxter is the seventh man from one Wichita piracy ring to be convicted of software copyright violations. Altogether the piracy ring received $3 million in illegal sales from $15 million worth of infringing products.
Corporate Governance & Shareholder Activism
AOL Activist Shareholder Starboard Value Nominates Slate of Directors
Starboard Value, a New York-based hedge fund and activist shareholder of AOL, nominated its own slate of directors for election to the AOL Board at the company’s…