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Stock Market & Financial Investment News

News Breaks
July 10, 2012
09:23 EDTVRNGVringo merger to close July 19, damages reports filed soon after, Reuters says
Vringo (VRNG) is expected to complete its merger with I/P Engine on July 19 and expert damages reports are expected to be filed soon afterward in the case against Google (GOOG), AOL (AOL), IAC/InterActiveCorp (IACI) and others, according to Thomson Reuters ONE. The report said it expects the merger closing and subsequent court filings to be a significant catalyst for Vringo's stock. Reference Link
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June 12, 2013
08:35 EDTVRNGVringo files lawsuit against ZTE in Australia
Vringo (VRNG) announced that its wholly-owned subsidiary, Vringo Infrastructure, filed a patent infringement lawsuit against ZTE, an Australian subsidiary of ZTE Corp. (ZTCOY). The lawsuit filed in the Federal Court of Australia in the New South Wales registry, alleges infringement by ZTE Australia of Australian Standard Patents AU 2005/212,893 and AU 773,182. The proceeding has been assigned Case No. NSD1010/2013. The patents in suit relate to telecommunications infrastructure equipment and mobile devices. The ZTE products in suit include base station and server infrastructure used in mobile networks and also a number of 4G mobile devices.

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