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Vringo lower; Google, others withdraw motion to consolidate appeals

Feb. 13, 2014 10:45 AM ETXWELL, Inc. (XWEL) StockXWELBy: Eric Jhonsa, SA News Editor22 Comments
  • Google and the other defendants in Vringo's (VRNG -3.7%) infringement suit have withdrawn a motion to consolidate their appeals.
  • The withdrawal comes less than a month after an Eastern Virginia court assigned Vringo a 6.5% royalty rate for its IP on a base of 20.5% of Google's AdWords search ad revenue.
  • Google's court filing (.pdf)

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