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Intellectual Property News
Four Defendants Sentenced In Counterfeit Goods Conspiracies
Four Massachusetts residents were sentenced in federal court for money laundering and trafficking and conspiring to traffic in more than $1 million of counterfeit luxury handbags and wallets, as well as the materials needed to make these counterfeits, Assistant Attorney General Alice S. Fisher for the Criminal Division; U.S. Attorney Michael J. Sullivan of the District of Massachusetts; Special Agent in Charge Bruce M. Foucart of U.S. Immigration and Customs Enforcement (ICE) in New England; and Special Agent in Charge Douglas A. Bricker of the U.S. Internal Revenue Service (IRS), Criminal Investigation in New England announced today.
Minh Vu, 26, Katherine Luong, 28, Camphung Luong, 25, and Kim Luong, 34, were sentenced to the following terms in prison by U.S. District Court Judge William Young: Vu received 30 months, Katherine Luong received 36 months, Camphung Luong received 24 months, and Kim Luong received 30 months. According to the terms of their plea agreements, the defendants made over $48,000 in restitution payments to the victims and did not contest the forfeiture of five bank accounts, over $41,000 in cash, two vehicles, and the counterfeit merchandise. Read more at cybercrime.gov.
Small businesses lack idea theft prevention.
U.S. small businesses may lack the knowledge, expertise or resources necessary to prevent the theft of their ideas and products.
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Guilty Plea In Trade Secrets Case
Colm F. Connolly, United States Attorney for the District of Delaware; William D. Chase, Special Agent in Charge of the Baltimore Federal Bureau of... Read more >
Definition:
This is a work formed by the collection and assembling of preexisting materials or of data that are selected, coordinated, or arranged in such a way that the resulting work as a whole constitutes an original work of authorship. The term "compilation" includes collective works.
Unfair Competition
Definition:
Commercial conduct that the law views as unjust. A person injured by an act of unfair competition is entitled to relief in a civil action against the perpetrator of the act.
Cybersquatter
Definition:
Is one who knowingly reserves with a registrar a domain name consisting of the trademark or name of a company for the purpose of selling the right to that domain name back to the legitimate owner.
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