Market Currents
Vringo (VRNG +5.3%) has jumped after the U.S. federal court overseeing its patent suit against...
-
Wednesday, November 21, 2012, 3:10 PM ETVringo (VRNG +5.3%) has jumped after the U.S. federal court overseeing its patent suit against Google, AOL, and others confirmed the jury's infringement verdict and its recommended 3.5% royalty on U.S. AdWords revenue. Shares had calmed down in recent days after seeing tremendous volatility during the trial.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 12 comments:
After final judgement VRNG will surely go after 1000s bigger Google Adwords Customers (Adwords currently has more than 1 millions customers...)
Google must pay all bills due to its own indemnity clause
Google should settle or buyout VRNG asap
2 Potential mistrial declarations
3 Rendering of the verdict
4 Post-verdict legal motions
5 Judicial judgment and mandates
6 Appeals
we are at number 3
4 - Google has up to 11/29 to file post-verdict motions
and Vringo up to 12/07 for the same
5 - THEN you get final judgement including possible math error correction and future royalties