Market Overview

Research In Motion Receives Verdict in Patent Case Brought by Mformation

Research In Motion Limited (NASDAQ: RIMM) learned Friday that a jury returned a verdict against RIM in the amount of US$147.2 million in an action brought by Mformation in the U.S. District Court for the Northern District of California. RIM is disappointed by the outcome and is evaluating all legal options. Additionally, the trial judge has yet to decide certain legal issues that might impact the verdict. RIM will await those rulings before deciding whether to pursue an appeal.

Posted in: News, Legal, After-Hours Center

 

Around the Web, We're Loving...

Most Popular

Related Articles (RIMM)

Partner Network

Get Benzinga's News Delivered Free