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A federal jury ruled that Emirates NBD bank did not defraud InfoSpan, an Orange County entrepreneur, in a case involving allegations of fraud and theft of technology related to a mobile payment system. InfoSpan claimed the bank ended their partnership to avoid sharing revenue and stole its technology, while the bank argued that InfoSpan misrepresented its capabilities. The jury found that InfoSpan failed to prove its case, concluding the bank acted appropriately in terminating the partnership due to concern

Author

alizeeshan01111

Language

EN