Justin Giles
Tech, growth, portfolio strategy, momentum

Document Security Systems Reaches Settlement With Novell: Analysts See Upside

On July 15, 2013, Document Security Systems (NYSEMKT:DSS) and its subsidiary Bascom Research, LLC (Bascom) reached a settlement with Novell, Inc. (NASDAQ:NOVL). This confirms that DSS has now settled with three of the five defendants in the Bascom case, in BroadVision (NASDAQ:BVSN), Jive (JIVE) and now Novell.

What I find quite remarkable about this settlement is that this marks the third settlement within the last four months for DSS. At this rate, DSS is now on track to have all defendants come to a settlement agreement before the Markman hearing takes place. With three companies already yielding to DSS, only two defendants of the original five are left - Facebook...

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