1 share traded! No Barnes &Noble PR is not a good sign for any real money guys. As I have said the settlement was announced to stop the Kessler motion hearing PTSC thought they might lose on July22. Then there was another filing on July 26 that said a settlement had been finalized (see below). Every other notice like this had a PR within DAYS. It has been weeks. The fact is Barnes & Noble would not allow a PR and since PTSC is in a position of weakness they could not demand one. That is how it works in this business if you have watched it for awhile (see EDIG where no PRs meant $50,000 tiny settlements). Of course the other defendants that remain in this case are simply going to bring up the same Kessler motion to be decided by the district court judge (not just the magistrate judge Grewal). Long road ahead guys. Just keeping it real.
Case3:12-cv-03863-VC Document118 Filed07/24/15 Page1 of 1
TECHNOLOGY PROPERTIES LIMITED LLC, et al.,
Plaintiff, v.
BARNES & NOBLE, INC., Defendant.
Case No. 12-cv-03863-VC ORDER OF DISMISSAL
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA
page1image5488
The Court has been advised by the Joint Notice of Settlement and Motion for Stay of Deadlines filed on July 22, 2015 that the parties have resolved this case. (Dkt. No. 117). Therefore, it is ORDERED that this case is DISMISSED without prejudice. All deadlines and hearings in the case are vacated. Any pending motions are moot.
The parties retain the right to reopen this action within 60 days of this Order if the settlement is not consummated. If a request to reinstate the case is not filed and served on opposing counsel within 60 days, the dismissal will be with prejudice.
IT IS SO ORDERED.
Dated: July 24, 2015
