The Bittersweet Victory for VirnetX (VHC)
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Vringo (VRNG) Verdict Vs. Google (GOOG) Worth ~$500M; Expects Appeal - Maxim Group
November 7, 2012 9:59 AM ESTThe only analyst that covers Vringo (NYSE: VRNG) weighed in after yesterday's important court victory against Google (Nasdaq: GOOG) and others.
Maxim Group's John Tinker estimates that the awarded 3.5% royalty on a going-forward basis could be worth ~$500M until April 2016. Also, amidst much confusion, the jury only awarded ~$30M in past damages, starting from the filing date in September 2011.
Tinker comments, "VRNG originally claimed $493M in damages going back six years; of these original damages claimed, $451M applied to GOOG. The jury... More
Vringo (VRNG) Ticks Higher Following VirnetX (VHC) Decision
November 7, 2012 9:09 AM ESTVringo, Inc. (AMEX: VRNG) shares are ticking higher Wednesday after getting hit about 10 percent Tuesday following its patent litigation.
This morning, VirnetX (AMEX: VHC) beat Apple in litigation regarding infringement on four VirnetX... More
VirnetX (VHC) Tops Apple in Patent Litigation; Awarded $368M
November 7, 2012 9:05 AM ESTVirnetX Holding Corporation (VHC: VHC) announced that on November 6, 2012, a Jury in the United States Court for the Eastern District of Texas, Tyler Division, has awarded VirnetX over $368,000,000 in a verdict against Apple Corporation (Nasdaq: AAPL) for... More
Does Vringo's (VRNG) Patent Case Foreshadow What VirnetX (VHC) Might Expect?
November 6, 2012 2:16 PM ESTVirnetX Holding (AMEX: VHC) might be seeing a little pressure following the outcome in a patent dispute between Vringo (AMEX: VRNG) and Google (Nasdaq: GOOG) today.
In the decision,... More
