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News Breaks
April 30, 2014
09:08 EDTVRNG, TYCVringo, Tyco units agree to settlement of lawsuit
Vringo (VRNG) disclosed in a regulatory filing that its wholly-owned subsidiary Vringo Infrastructure entered into a confidential agreement with Tyco Integrated Security (TYC) to resolve litigation on mutually acceptable terms that was pending between the parties in the United States District Court for the Southern District of Florida and the Regional Court of Mannheim, Germany.
News For VRNG;TYC From The Last 14 Days
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August 19, 2014
05:58 EDTVRNGStocks with implied volatility below IV index mean; KATE VRNG
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August 18, 2014
11:50 EDTVRNGStocks with call strike movement; VRNG GTAT
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August 17, 2014
20:39 EDTVRNGPatent overhaul efforts seem to have stalled before November election, WSJ says
Legal experts say that it is unlikely that a full Congress will revisit the issue of patent reform before the election in November, says the Wall Street Journal. Large technology companies like Google (GOOG) and Microsoft (MSFT) are pushing Congress to reform patent laws to curb litigation from patent-holding firms, added the Wall Street Journal. Publicly traded companies in the space include Acacia Research (ACTG), Tessera (TSRA), Rambus (RMBS) InterDigital (IDCC) and Vringo (VRNG). Reference Link
August 15, 2014
12:39 EDTVRNGOn The Fly: Midday Wrap
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12:18 EDTVRNGVringo plunges 74% after appeals court overturns favorable patent ruling
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12:13 EDTVRNGVringo to resume trading at 12:15, quotation at 12:10
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11:45 EDTVRNGVringo confirms adverse ruling in patent suit with Google, others
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11:15 EDTVRNGVringo falls after patent win against Google, AOL reversed on appeal
The U.S. Court of Appeals for the Federal Circuit that patents claims asserted by I/P Engine, a unit of Vringo (VRNG), are invalid for obviousness and reversed a lower court's ruling in the company's favor. The patents were asserted in a suit against Google (GOOG) and Aol (AOL), IAC Interactive (IACI) and Gannett (GCI). Vringo shares dropped nearly 11% following the posting of the appeal court ruling. Reference Link
11:11 EDTVRNGU.S. Court says Vringo patents in Google case are invalid, Bloomberg Reports
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August 7, 2014
10:20 EDTTYCTyco settles patent litigation with Ningbo
Tyco announced the resolution of pending litigation with Ningbo Signatronic Technologies. Under a settlement agreement resolving both the ITC and District Court actions, the parties have agreed that Ningbo will withdraw from the United States certain EAS label models that use these patents, and make an unspecified payment to Tyco. Consent agreements memorializing the resolution will be filed in both the ITC and District Court actions, and both actions will be terminated. All other terms of the settlement are confidential.
07:57 EDTTYCForeign trade group warns inversion crackdown could prompt job cuts, WSJ says
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