Star Scientific (STSI) Spikes Higher After Revival of Reynolds Suit

August 25, 2008 12:07 PM EDT

Shares of Star Scientific, Inc. (Nasdaq: STSI) spiked 35% higher mid-day Monday following news a U.S. appeals court revived the company's patent lawsuit against Reynolds American (NYSE: RAI)

The U.S. Court of Appeals ruled that a judge was wrong to find two of Star Scientific's patents unenforceable and invalid.


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