Bloomberg: Judge rules in Qualcomm's favor in ParkerVision suit

|By:, SA News Editor

Bloomberg reports the judge handling ParkerVision's (PRKR) infringement suit against Qualcomm (QCOM) has ruled in Qualcomm's favor. A Qualcomm motion for a judgment as a matter of law (JMOL) has been granted, and so has a motion for a new non-infringement trial.

ParkerVision received a $173M jury verdict against Qualcomm last October. The company announced a new suit against Qualcomm (it also covers HTC) in May.

SA author Alpha Exposure offered a downbeat take last month on the original suit's May 1 hearing. Shares remain halted.

Earlier: ParkerVision -34.1% prior to halt

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