v2.3.0.15
Litigation
3 Months Ended
Sep. 30, 2011
Litigation [Abstract] 
Litigation

Note 19 – Litigation

On March 2, 2010, the Company transferred its right in patents and licenses related to optical memory storage to Acacia Patent Acquisition LLC (“Acacia”). A related party of Acacia filed a lawsuit in November 2010 against 14 defendants alleging infringement of the optical memory storage patents. If Acacia is successful in pursuing licensing and enforcement of the patents and existing licenses related to the patents, the Company will share in 50% of the net proceeds (after costs) recovered as a result of the lawsuits or settlements.

Other than the information provided above, the Company is involved in certain legal actions and claims arising in the ordinary course of business, including, without limitation, commercial disputes, intellectual property matters, personal injury claims, tax claims and employment matters. Although the outcome of any legal matter cannot be predicted with certainty, management does not believe that any of these legal proceedings or matters will have a material adverse effect on the consolidated financial position, results of operations, or liquidity of the Company.