Marvell (MRVL) Affirms Patent Infringement Verdict; Will Pay $1.17B in Damages
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Carnegie Mellon Files to Receive More Damages in Marvell (MRVL) Infringement Case
February 12, 2013 12:02 PM ESTCarnegie Mellon University (CMU) is looking for even more from Marvell Technology Group (Nasdaq: MRVL) in its patent infringement case.
According to reports out on Tuesday, CMU filed papers seeking even more than the $1.7 billion in damages it was awarded last December.... More
Carnegie Mellon Files to Receive More Damages in Marvell (MRVL) Infringement Case
February 12, 2013 12:02 PM ESTCarnegie Mellon University (CMU) is looking for even more from Marvell Technology Group (Nasdaq: MRVL) in its patent infringement case.
According to reports out on Tuesday, CMU filed papers seeking even more than the $1.7 billion in damages it was awarded last December.... More
Market Wrap: Marvell Hit on Infringement Verdict; Home Prices Rise; Holiday Sales in Limbo
December 26, 2012 4:58 PM ESTMarket wrap-up for December 26th
End of the Day: S&P 500 down 6.8 to 1,419.83; Dow Jones down 24.5 to 13,114.59; Nasdaq down 22.4 to 2,990.16
The following is a brief summary of events moving markets today:
* Marvell Technology (Nasdaq: MRVL) shares were slammed in late trading following a verdict in that U.S. District Court for the Western District of Pennsylvania that it infringed on patents held by Carnegie Mellon University. If the verdict stands, Marvell could find itself shelling out $1.169 billion to the university.... More
Noted Hedge Fund Hit as Marvell (MRVL) Slammed on Patent Ruling
December 26, 2012 3:33 PM ESTOne bull on Marvell Technology (Nasdaq: MRVL) is getting hit today.
David Einhorn, of Greenlight Capital, is seeing millions vanish before his eyes following an adverse patent ruling today that could end up costing Marvell $1.17 billion or more.
Einhorn had 18,372,247 million... More
Marvell (MRVL) Sinks on Patent Ruling
December 26, 2012 2:58 PM ESTShares of Marvell Technology Group Ltd (NASDAQ: MRVL) saw mid-day pressure following reports from the Wall Street Journal that a jury ruled the company should pay $1.17 billion in patent case brought by Carnegie Mellon University.
Shares of Marvell last traded down 8.6% to 7.54.... More
