Seeking Alpha

VirnetX jumps after USPTO denies RPX petitions

  • An RPX request (on behalf of client Apple) for a USPTO review for several VirnetX (VHC +6.8%) patents has been denied. (h/t Tom Shaughnessy)
  • The USPTO calls RPX's petitions "time-barred," given they were filed more than a year after Apple (deemed the "real party" in the dispute) was served with an infringement complaint.
  • In March, VirnetX was assigned a 0.98% royalty rate on certain Apple products by an Eastern Texas district court; Apple, not surprisingly, has appealed the verdict. VirnetX shares initially shot higher on the ruling, but gradually gave back their gains.
From other sites
Comments (1)
  • Tom Shaughnessy
    , contributor
    Comments (1131) | Send Message
     
    A link to my past article on RPX and VHC can be found here for those who want the backstory:

     

    http://bit.ly/1nTeMaH

     

    TheIpHawk originally found and uploaded the PTAB doc
    5 Jun, 04:23 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector