Finjan Holdings (FNJN) Announces Favorable Decision in Sophos Patent Suit
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Jury Award Against Sophos for $15 Million Affirmed by District Court Judgment
November 1, 2016 1:49 PM EDTEAST PALO ALTO, CA -- (Marketwired) -- 11/01/16 -- Finjan Holdings, Inc. (NASDAQ: FNJN), a cybersecurity company, announced today that in Finjan, Inc. v. Sophos Inc. (14-cv-1197-WHO) the Honorable William H. Orrick entered Judgment in favor of subsidiary, Finjan, Inc. and against Sophos affirming the earlier $15M Jury Verdict and Award entered on September 21, 2016.
"We are pleased that Judge Orrick issued the Judgment so quickly, which suggests to us that the issues tried were clear and the verdict noncontroversial," said Julie Mar-Spinola, Finjan Holdings' CIPO. This is our second district court victory... More