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Stock Market & Financial Investment News

News Breaks
October 15, 2012
08:07 EDTUPIPUnwired Planet terminates ITC ligitation against Apple, RIM
Unwired Planet (UPIP) commented on its pending investigation against Apple (AAPL) and Research-in-Motion (RIMM) at the International Trade Commission. On Thursday, October 11, 2012, Administrative Law Judge Gildea declined to stay the pending investigation despite a joint motion filed by all of the parties. The denial of the joint motion further postponed the ability to appeal what Unwired Planet considers an erroneous claim construction. Rather than proceed with the trial, Unwired Planet has determined that it is in the shareholders’ best interest for the Company to terminate the investigation. Instead, the Company intends to continue to pursue the matter in its pending case in the Federal District Court of Delaware, which was initially filed in August 2011 in parallel with -- and involving the same patents as -- the ITC investigation, and provides the Company with an opportunity to seek a corrected claim construction in the federal court.
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May 9, 2013
16:31 EDTUPIPUnwired Planet reports Q3 EPS (6c), one estimate (6c)
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