TiVo-EchoStar Case Reopened (TIVO, SATS, DISH)

Loading...
Loading...
A Federal Appeals Court has decided to rehear the TiVo-EchoStar case. The case was filed by TiVo
TIVO
against DISH Network
DISH
and its sister company, EchoStar Corp.
SATS
, for alleged infringement of its patent rights. According to The Wall Street Journal, a three-judge panel of the U.S. Court of Appeals for the Federal Circuit had ruled in favor of TiVo, earlier. The ruling would have allowed TiVo to collect $300 million from DISH and EchoStar. DISH and EchoStar filed a petition in the court for reconsideration, and the Federal Circuit has granted that request. TiVo said, “We are disappointed that we do not yet have finality in this case despite years of litigation but we remain confident that the Federal Circuit's ruling in our favor will be reaffirmed after all of the judges on the Federal Circuit have had the opportunity to review the merits of this case.”
Posted In: NewsWall Street JournalMarketsMediaApplication SoftwareBroadcasting & Cable TVCommunications EquipmentConsumer DiscretionaryInformation Technology
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...