VirnetX (VHC) Tops Apple in Patent Litigation; Awarded $368M

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VirnetX (VHC) Wants to Go Another Round with Apple (AAPL); Files New Suit in Texas

November 9, 2012 9:19 AM EST

VirnetX Holding Corporation (AMEX: VHC) announced that on November 6, 2012, it filed a complaint against Apple Inc. (Nasdaq: AAPL), in the United States District Court for the Eastern District of Texas, Tyler Division. The complaint includes allegations of willful patent infringement regarding four... More

The Bittersweet Victory for VirnetX (VHC)

November 7, 2012 11:15 AM EST

Earlier 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.
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