Market Overview

Vringo Receives Positive Markman Ruling

Vringo issued a statement Friday on Thursday's Markman Ruling:

"We are pleased that the Court agreed with us that the defendants failed to sufficiently show that the Court's previous conclusion on one of the terms warranted reconsideration. In the Court's reconsideration of the second term, we believe that the Court clarified its interpretation in a manner that is consistent with the proposals submitted by the plaintiff and all defendants in the case. "

Vringo shares traded about 5% higher pre-maket on Friday.

Posted in: News, Legal, Pre-Market Outlook, Movers

 

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