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SONICblue Incorporated

From Wikipedia, the free encyclopedia

SONICblue Incorporated (NASDAQ:SBLU) was a public company based in Santa Clara, California. The firm was a manufacturer of home audio/video equipment with an estimated revenue of $100M - $250M and approximately 700 employees.

SONICblue first filed for Chapter 11 Bankruptcy in March 2003.[1]

SONICblue again filed for Chapter 11 Bankruptcy Protection in 2007 amid controversy regarding conflict of interest[2] and criminal disclosure violations[3] involving fraud upon the court by its law firm Pillsbury Winthrop Shaw Pittman.[4][5]

References

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  1. ^ Hesseldahl, Arik (March 24, 2003). "So Long, SonicBlue". Forbes.com. Retrieved October 2, 2019.
  2. ^ "Law Firm Faces Another Conflict Accusation Due to Non-Disclosure". Klein, DeNatale, Goldner, Cooper, Rosenlieb & Kimball, LLP. November 14, 2007. Archived from the original on July 23, 2008. Retrieved August 21, 2008.
  3. ^ "Motion Asks Judge to Refer Pillsbury Partner for Possible Perjury Prosecution". Retrieved April 17, 2008.
  4. ^ "Pillsbury Winthrop Bankruptcy Misconduct". Archived from the original on January 17, 2013. Retrieved May 28, 2008.[permanent dead link]
  5. ^ "Trustee Seeks $30 Million Hit for SonicBlue Law Firms, Creditors". American Lawyer Media. April 7, 2008. Archived from the original on May 31, 2012. Retrieved April 17, 2008.