Apple (AAPL) Receives 'No Go' on Further Litigation with Samsung Over iPad
Get Alerts AAPL Hot Sheet
Join SI Premium – FREE
Despite its best efforts, Apple (Nasdaq: AAPL) will need to be satisfied with a $1.05 billion verdict against Samsung over patent infringement.
According to reports out Wednesday, U.S. District Court judge Lucy Koh denied Apple an increase in the award, which was granted August 24, 2012.
For its part, Apple noted that jurors erred in coming to the conclusion that trade dress (how a product looks) on the iPad and iPad 2 wasn't protectable. The company also sought out that Koh overturn a verdict that Samsung's Galaxy Tab 10.1 didn't infringe on any iPad patents.
Samsung was also looking for a new trial and to overturn claims that Apple's patents are "indefinite."
Neither Samsung nor Apple commented on the ruling. Shares of Apple are indicated for a lower open Wednesday.
According to reports out Wednesday, U.S. District Court judge Lucy Koh denied Apple an increase in the award, which was granted August 24, 2012.
For its part, Apple noted that jurors erred in coming to the conclusion that trade dress (how a product looks) on the iPad and iPad 2 wasn't protectable. The company also sought out that Koh overturn a verdict that Samsung's Galaxy Tab 10.1 didn't infringe on any iPad patents.
Samsung was also looking for a new trial and to overturn claims that Apple's patents are "indefinite."
Neither Samsung nor Apple commented on the ruling. Shares of Apple are indicated for a lower open Wednesday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Active options: AAPL NVDA TSLA SPCX AAPL MSTR INTC MRNA WMT AMZN
- BofA Securities Reiterates Buy Rating on Apple (AAPL)
- Apple to change ad tracking rules after German probe
Create E-mail Alert Related Categories
Insiders' Blog, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share