Vringo flies higher, Google workaround proposal rejected

|By:, SA News Editor

The Eastern Virginia court handling Vringo's (VRNG +22.4%) patent suit against Google (and others) has rejected a proposed Google workaround for the company's AdWords search ad platform.

Vringo shares have skyrocketed in response. They jumped earlier this month after the court awarded Vringo supplemental damages and prejudgment interest on a 2012 infringement verdict.