Market Overview

Unwired Planet Terminates ITC Litigation; Intends to Pursue Matter in District Court of Delaware

Related UPIP
Lake Street Capital Markets Speculates on Possible Effects of Lenovo Deal on Unwired Planet
Unwired Planet (UPIP) Enters Overbought Territory - Tale of the Tape

Unwired Planet (Nasdaq: UPIP) today commented on its pending investigation against Apple and Research-in-Motion at the International Trade Commission (ITC). For more information, please see Unwired Planet's blog at

On Thursday, October 11, 2012, Administrative Law Judge (“ALJ”) Gildea declined to stay the pending investigation despite a joint motion filed by all of the parties. The denial of the joint motion further postponed the ability to appeal what Unwired Planet considers an erroneous claim construction. Rather than proceed with the trial, Unwired Planet has determined that it is in the shareholders' best interest for the Company to terminate the investigation.

Posted-In: News Legal


Most Popular

Related Articles (UPIP)

Around the Web, We're Loving...

Partner Network

Get Benzinga's News Delivered Free