Hedge Fund Spies in the Courtroom
Enterprising hedge fund managers have found a new way to get a jump on the competition. They're sending patent litigators to court -- not to try a case, but as highly informed (and highly paid) observers. "I hear these stories of Markman hearings; the minute the ruling comes down, 15 guys jump up and run out of the room," says one IP banker. "These guys are texting the hedge fund, so they can
