Phoenix Tech Amends Complaint In DeviceVM Suit

Stock quotes in this article: PTEC  

MILPITAS, Calif. (AP) — Phoenix Technologies Ltd. said Friday it filed an amended complaint in its lawsuit against DeviceVM Inc. and a former employee.

The suit alleges trade-secret theft and conversion of intellectual property assets by DeviceVM, a privately held software company based in San Jose, Calif.

The case is pending in Santa Clara County Superior Court.

Shares of Phoenix fell 9 cents, or 2.5 percent, to $3.56 in midday trading.

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