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Mr. Fiorito has denied any wrongdoing, saying he was misled by councilors who fooled him with phony receipts.
WSJ: Scandals Rain on Berlusconi's Party
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"The Festo case has a much wider economic impact than Napster does, since many patents will no longer be capable of enforcement, " says Edward Fiorito, an intellectual-property lawyer in Dallas.
FORBES: Me-Too Patents
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"The Festo case has a much wider economic impact than Napster does, since many patents will no longer be capable of enforcement, " says Edward Fiorito, an intellectual-property lawyer in Dallas, Texas.
FORBES: Me-too patents