Seeking Alpha

ION Geophysical to pay $73.1M in supplemental damages in WesternGeco suit

  • A judge in the Federal Southern District of Texas ruled that ION Geophysical (IO) must pay supplemental damages of $73.1M on top of the $105.9M prior jury verdict in its patent infringement case vs. WesternGeco.
  • The ruling addresses additional infringing digiFIN units that were supplied from the U.S. before and after the trial and not included in the jury's damage calculations due to the timing of the trial.
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