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Can You Trust Entrust?
An information security company whose middle name is 'Trust' is accused of misrepresentation of revenue projections.

securities lawsuit  Impact Alleging that Entrust securities traded at artificially inflated prices, the lawsuit hopes to prove that Entrust did not publicly disclose that revenue was coming in at a much slower rate than analysts, and the general public, were led to believe. Entrust stock plummeted from $81.68 on July 5 to $36.63 two days later. Figure 1. Entrust bottoms out after officers disclose unprecedented projections. Entrust designs and develops information encryption products based on what is known as Public Key Read More...
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Documents related to » securities lawsuit


Business Objects Objects Again
In a repeat of the Brio lawsuit of 1999, Business Objects has now sued Cognos over a U.S. patent that Business Objects holds for a query technology. Cognos

securities lawsuit  Osten, analyst at Sprott Securities. Most of these lawsuits don't go too far...patents are very difficult to defend in technology. France-based Business Objects filed suit on Friday in the northern district court in California. Cognos, which has retained law firms in both Canada and the U.S. for representation, said it believes its market leadership is a factor in the litigation. Unfortunately, some technology companies use litigation in an attempt to achieve in the courtroom what they may find Read More...
Not Just Words: Enforce Your E-mail and Web Acceptable Usage Policies
Unmanaged employee use of e-mail and the Web can subject your organization to costly risks including litigation, regulatory investigations, and public

securities lawsuit  content, or otherwise violate securities laws.2 Best Practice: For public companies and regulated firms, it is particularly important that email and web usage is managed in accordance with the company's written acceptable usage policies and regulators' content rules. Support organizational rules with MessageLabs services designed to automatically and quickly scan email for potentially costly violations. Real-Life Email Content Disaster Story: Top Secret $1 Billion Settlement Talks Exposed by Email 3 Need Read More...
Geac Upgrades Accounting And Human-Resources Apps -- SQL Release 6.0 Simplifies Purchasing And HR Services For Midsize Companies
Geac SmartEnterprise Solutions released an updated version of its human resources and accounting applications for midsize companies at the beginning of January.

securities lawsuit  Estate Systems; Cash & Securities Reconciliation Solutions. Other industries might also benefit from evaluating the above mentioned Geac point solution, bearing in mind inevitable integration issues with other systems in place. Read More...
Sun’s Java Won’t Be In Microsoft’s .NET - Complicate Your Integration? You .BET
Sun and Microsoft have announced a settlement in Sun’s lawsuit regarding Microsoft’s use of Java technology. Microsoft was given the choice of conforming to

securities lawsuit  Java Won’t Be In Microsoft’s .NET - Complicate Your Integration? You .BET Sun’s Java Won't Be In Microsoft's .NET Complicate Your Integration? You .BET M. Reed - February 20, 2001 Event Summary Just when you thought there was a single standard for something , Sun Microsystems Inc. and Microsoft Corporation recently announced a settlement in Sun's lawsuit regarding Microsoft's use of Java technology. Microsoft was given the choice of conforming to the published Java standard or opting out of Read More...
Extensible Business Reporting Language (XBRL) Back in the News Again
Visiting the Securities and Exchange Commission's (SEC's) web site, I came across this 143-page PDF file, which deals with XBRL. As a gung-ho proponent of

securities lawsuit  News Again Visiting the Securities and Exchange Commission's (SEC's) web site, I came across this 143-page PDF file , which deals with XBRL. As a gung-ho proponent of automation, I'm calling attention to it here to show that the head of the SEC (Mr. Christopher Cox) and I are on the same wavelength when it comes to promoting cost saving automations. Here is some interesting stuff from the PDF, together with my comments. The Christopher Cox modernization commission proposes that companies provide their Read More...
Maximizer CRM Version 12 Gets TEC Certified
Headquartered in Vancouver, BC (Canada), with worldwide offices and business partners, privately owned Maximizer Software delivers customer relationship

securities lawsuit  University, Siemens, and TD Securities. For more information about Maximizer, please visit our Vendor Showcase . Maximizer CRM is an integrated sales, marketing, and customer service and support management solution accessible via multiple platforms including Web, mobile, and desktop. It offers simple-to-use list-based views (much like those of Excel or Word), with customizable column setups and reports to display all the important details of each contact on one screen. It is easily configurable for Read More...
PowerCerv Finally Overpowered By The '02 Hurricane Season
PowerCerv, a long languishing mid-market enterprise applications vendor, having been unsuccessful in its repeated attempt to revitalize itself under own steam

securities lawsuit  Finally Overpowered By The '02 Hurricane Season PowerCerv Finally Overpowered By The '02 Hurricane Season P.J. Jakovljevic - October 25, 2002 Event Summary What has long loomed as inevitable fate has finally happened at the beginning of October, when PowerCerv Corporation (OTCBB: PCRV, www.powercerv.com ), a Tampa, FL-based provider of enterprise software solutions for small-to-medium sized discrete manufacturers and distributors, announced that it has signed a definitive agreement to sell Read More...
Business Objects Outguns Brio Technology in Patent Dispute
On September 13, Business Objects and Brio Technology announced that they had settled a patent infringement suit. Brio technology will be forced to pay an

securities lawsuit  Objects Outguns Brio Technology in Patent Dispute Event Summary SAN JOSE, Sept 13 /Business Wire/ -- Business Objects (NASDAQ: BOBJ) and Brio Technology (NASDAQ: BRYO) today announced the settlement of their pending patent litigation involving Business Objects' United States patent number 5,555,403 entitled Relational Database Access System Using Semantically Dynamic Objects. Under the agreement, the detailed terms of which are confidential: -- Brio acknowledges the validity of Business Read More...
Infinium and Elcom Walk Down ASP Aisle
Two companies that are redefining themselves for an ASP future enter into a partnership. Elcom’s eProcurement applications will be the first outsider in

securities lawsuit  arrangement with Cripple Creek Securities, LLC that may net Elcom up to $50 million in investments over an 18 month period. The funds are largely targeted toward the hosted e-purchasing and digital marketplace products. The agreement with Infinium is the first in which Elcom's hosted solutions will be made available by a third party. The actual hosting services will remain under Elcom's control in the short term, with Infinium doing the heavy lifting of sales and creating marketplace solutions for its Read More...
Informix Denies Patent Infringement Allegations by IBM
On February 7, Informix Corporation (NASDAQ:IFMX) announced it was vigorously denying accusations by International Business Machines (NYSE:IBM) of patent

securities lawsuit  Denies Patent Infringement Allegations by IBM Event Summary MENLO PARK, Calif.-February 7, 2000-Informix Corporation (NASDAQ: IFMX), the technology leader in the software infrastructure for the i.Economy, announced that International Business Machines Corporation has filed an action against Informix in the United States District Court for the District of Delaware alleging infringement of several United States patents owned by IBM. Informix strongly believes that the allegations are utterly devoid Read More...
Data Security Is Less Expensive than Your Next Liability Lawsuit: Best Practices in Application Data Security
Insecure data. Heavy fines due to non-compliance. Loss of customers and reputation. It adds up to a nightmare scenario that businesses want to avoid at all

securities lawsuit   Read More...
Did Sagent Technology Pull the Old 'Pump and Dump'?
Sagent Technology has been hit with a class action complaint for violation of the Securities Exchange Act of 1934. According to the complaint, company officers

securities lawsuit  for violation of the Securities Exchange Act of 1934. According to allegations in the complaint, company officers misrepresented Sagent's 1999 and 2000 sales prospects to give them time to sell over $8 million of their own stock. The officers sold their stock at prices as high as $27.875, but after the true revenue projections were revealed, the stock dropped as low as $7-7/32, a decline of more than 70%. Both the Vice President of Sales and the Chief Financial Officer resigned after they received their Read More...
Oracle Claims The Worst Is Over And Turns To KISS For A Boost Part 1: The News
Oracle seems to have been trying hard to find a magic formula to ramp up its declining applications revenue. Targeting the lower end of the market with the

securities lawsuit  from sale of marketable securities) in Q4 2000, on revenue of $3.3 billion, which is a 3% decline compared to $3.4 billion a year ago. For the full fiscal 2001, however, net income (excluding investment gains from sale of marketable securities) increased 25% to $2.6 billion, while revenue increased 7% to $11 billion (See Figure 1). Software license revenue declined 10%, to $1.6 billion, from $1.8 billion in Q4 2000. Particularly disappointing was an applications software revenue decline of 24% to $338 Read More...

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