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Stock Market & Financial Investment News

News Breaks
May 16, 2014
10:52 EDTMA, V, SMMESmartMetric to have $13.4B case against Visa, Mastercard heard by August
SmartMetric (SMME) says "The Federal Circuit Court has received all briefs and motions from both SmartMetric and the Defendants, Visa (V) and MasterCard (MA). With the matter officially before the court and all filings now completed and accepted by the Court, we are now just waiting for a hearing scheduling date from the Court. SmartMetric is claiming $13.4B in damages and a pre-paid patent license fee from the card companies. It has been indicated that we can expect advisement from the Court on the scheduled hearing date by the end of May, which would most likely see our case against Visa and MasterCard being heard in either late July or early August. This is an indication only and the company is awaiting the calendar scheduling by the Court. Upon the Court advising the company of the scheduled hearing date the company will immediately advise the market and shareholders, many of whom are eagerly following the case of patent infringement SmartMetric has brought against both Visa and MasterCard. It has been a long journey spanning a number of years but we are pleased to see matters coming to a head in the Court and are excited concerning the prospective outcome."
News For SMME;V;MA From The Last 14 Days
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June 30, 2015
19:32 EDTMA, VMasterCard stops processing Backspace.com ad purchases, WSJ says
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June 23, 2015
07:15 EDTMAOppenheimer to hold a conference
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