Forbes published a story about the suit Yahoo brought against Facebook alleging that the social networking site copied Yahoo's idea. Gardere Partner Peter S. Vogel, chair of the Firm's Internet, eCommerce and Technology Industry Team, was asked to comment on the subject.
"Yahoo had every right to go after Facebook this way," Mr. Vogel said. "As for the (as some would say) sleazy timing of filing the suit before Facebook's IPO, when the company is most vulnerable and most likely to settle – what of it? From its own shareholders' point of view that is good strategic planning."
The full article may be accessed here.
Related News
July 28, 2025
In the News
Mark Wolfson Honored in Florida Bar Spotlight
Foley & Lardner LLP partner Mark Wolfson was featured by The Florida Bar for his contributions to the Florida legal community in a "Past Chair Spotlight."
July 24, 2025
In the News
Margaret Nelson Assesses SEC Enforcement Philosophy
Foley & Lardner LLP partner Margaret Gembala Nelson commented in the Private Equity Law Report article, "SEC Enforcement Action Raises Potential Materiality Threshold for Conflicts of Interest," sharing insight on enforcement philosophy at the U.S. Securities and Exchange Commission.
July 24, 2025
In the News
Foley's Trial Team Featured Following Landmark Victory in Texas Trade Secret Case
Foley & Lardner LLP’s recent landmark appellate victory in a Texas trade secrets case is featured in the Texas Lawyer article, "Ruling Sets Precedent for Employment, Trade Secrets, Fiduciary Duty."