CHIPMAKER EXECS SAY BERMUDA LAW BARS INVESTOR SUIT OVER PATENT INFRINGEMENT

摘要

Marvell Technology Group Ltd. executives say in federal court papers that Bermuda law bars a shareholder lawsuit seeking to hold them liable for harm to the computer chip-maker stemming from a $1.5 billion patent infringement judgment. See Voss et al. u. Sutardja et ah, No. 14-cv-1581, memo supporting dismissal filed (N.D. Cal. Sept. 4, 2014). Bermuda-chartered Marvell, whose U.S. operations are based in Santa Clara, California, designs and develops semiconductors and annually ships over a billion chips, according to its Web site.