Toshiba Ordered to Pay Lexar $380 Million in Damages

A jury in California has found Toshiba and one of its US units liable in a case brought by Lexar Media concerning flash memory and ordered Toshiba to pay $380 million in damages. Toshiba and Toshiba America Electronic Components were found liable of breach of fiduciary duty and theft of trade secrets in the case in the Superior Court for the State of California.