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The legal sparring is over between MPEG LA, the company that licenses key patents for MPEG video compression, and its former CEO and chief operating officer.
The terms of the settlements between MPEG LA and ex-CEO Baryn Futa and ex-COO Maria O'Reilly are confidential. MPEG LA, in a lawsuit filed May 2006 in the Chancery Court of Delaware, had accused the executives of misspending company funds and alleged that the pair were romantically involved.
Futa and O'Reilly denied the allegations...