Adeia (ADEA) Receives Decisions in Videotron and Bell/Telus Case Appeals

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Adeia Receives Decisions in Videotron and Bell/Telus Case Appeals

August 19, 2024 4:05 PM EDT

Favorable Rulings on Key Legal Issues

SAN JOSE, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Adeia Inc. (Nasdaq: ADEA) (Adeia or Company), the company delivering innovative technology solutions across multiple industries, today announced that the Canadian Court of Appeals has issued its rulings in the Company's appeals of both the Videotron and Bell/Telus cases. Importantly, the Court agreed with the Company on several key issues, finding that the lower court erred in multiple aspects of its analysis relating to royalty-based damages, accounting of profits and injunctions, which ultimately supports patent rights and... More