Vringo (VRNG) Ramps Higher

Vringo, Inc. (NYSE: VRNG) is surging higher mid-day, although no new material developments in the Google (NASDAQ: GOOG) trial have been released. There are rumors of a settlement meeting floating around, although these are from unreliable sources and likely have little or no merit. Nonetheless, shares are up 9 percent in a down tape (they were up 20%+). After surging into last week's trial start, shares have been under heavy pressure since.

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