Dustin Moore
Value, growth at reasonable price, special situations, tech

VirnetX Begins Cornering Apple In Patent Fight

Pursuing litigation, and in particular patent litigation, can be a treacherous path for companies. The journey is fraught with complex issues, unpredictable juries, and shrewd lawyers. For VirnetX (NYSEMKT:VHC), it has included ongoing licensing and assertion of its secure communication intellectual property to the most dominant technology companies in the world.

After two years of wrangling, VirnetX and Apple (NASDAQ:AAPL) met for a jury trial in November 2012. The big news headline emerging from the courtroom was that VirnetX secured a jury verdict that Apple was infringing its patents and owed the company $368.2 million. Indeed that was one of the most critical wins for the company in the long legal battle, both validating its...

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