Vringo (VRNG) Verdict Vs. Google (GOOG) Worth ~$500M; Expects Appeal - Maxim Group
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Vringo (VRNG) Updates on Patent Litigation; Says Legal Team Reviewing, Will Address at Post-Trial
November 7, 2012 1:25 PM ESTVringo, Inc. (AMEX: VRNG) provided an update to shareholders.
Yesterday, a jury in U.S. District Court in Norfolk, Virginia ruled in favor of Vringo, Inc.'s wholly-owned subsidiary, I/P Engine, Inc. in its litigation against AOL, Inc. (NYSE: AOL), Google, Inc. (Nasdaq: GOOG), IAC Search & Media, Inc. (Nasdaq: IACI), Gannett Company, Inc. (NYSE: GCI), and Target Corporation (NYSE: TGT) (collectively, "Defendants") with... More
The Bittersweet Victory for VirnetX (VHC)
November 7, 2012 11:15 AM ESTEarlier in the session, VirnetX (AMEX: VHC) said it won a decision against Apple (Nasdaq: AAPL) over infringement on four patents (U.S. Patent Nos. 6,502,135, 7,418,504, 7,921,211 and 7,490,151) and was awarded $368 million. Shares of VirnetX are higher amid the good news, rising as much as 30.5 percent on the session to a new high.
... More
Vringo (VRNG) Details Final Verdict from Litigation with Google (GOOG), AOL (AOL), Others
November 6, 2012 2:30 PM ESTVringo, Inc. (AMEX: VRNG), a company engaged in the innovation, development and monetization of mobile technologies and intellectual property, today announced a verdict in its wholly-owned subsidiary I/P Engine, Inc.'s case against AOL, Inc. (NYSE: AOL), Google, Inc. (Nasdaq: GOOG), IAC Search & Media, Inc. (Nasdaq: IACI), Gannett Company, Inc. (NYSE: GCI), and Target Corporation ("Target") (collectively, "Defendants") with respect to the Defendants' infringement of the asserted claims of U.S. Patent Nos. 6,314,420... More
UPDATE: Vringo (VRNG) Awarded $30M In Google (GOOG) Patent Case, Will Receive Royalties Until 2016
November 6, 2012 1:20 PM EST(Updated - November 6, 2012 1:30 PM EST)
Vringo, Inc. (NYSE: VRNG) was awarded $30 million in Google (NASDAQ: GOOG) patent case, Dow Jones reports. The jury ruled the patents are valid and Vringo will receive a royalty rate on... More
