The security software company wins more than $1 million in restitution.
By Priya Ganapati
September 28, 2005
Symantec, maker of the popular Norton antivirus software, said Wednesday that it won more than $1 million in restitution in a case of software piracy, one of the largest amounts ever awarded to the company in a criminal case.
Li Chen, a Houston-based wholesale distributor of software products, agreed to pay the amount as part of a plea bargain in which he entered a guilty plea to one count of trademark infringement. Mr. Li was accused of distributing counterfeit versions of Symantec’s Norton Antivirus software and other popular security-related applications.
“He was a tier-1 distributor, moving millions of dollars worth of our products every year,” said William Baird, Symantec’s Global Investigations manager. “We had been watching him for nearly two and a half years before we could gather all the evidence needed to move against him.”
More at Red Herring Online
Wednesday, September 28, 2005
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