The US Supreme Court let stand a $4.3 million award against Toyota Motor Corp. for using another company's patented technology in gasoline-electric hybrid vehicles, including the top-selling Prius, Bloomberg News reported today.
The justices, without comment, today turned away an appeal by Toyota, leaving intact a jury verdict favoring closely held Paice LLC of McLean, Virginia. A federal appeals court in Washington upheld the award last year.
Read Article