Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
IN THE UNITED STATES DISTRICT COURT
DISTRICT OF DELAWARE
WORLDS INC.,
Plaintiff,
v.
LINDEN RESEARCH, INC., d/b/a
LINDEN LAB,
Defendant.
)
)
)
)
)
)
)
)
)
)
)
)
)
)
Civil Action No. 19-cv-1773-MN
JOINT STIPULATION TO STAY
On April 8, 2021, Plaintiff Worlds Inc. and Defendant Linden Research, Inc., d/b/a Linden
Lab filed a joint stipulation to stay this case because they had reached a settlement in principle and
requested a short time to finalize their settlement agreement. The Court approved the stipulation
on the same day. The Parties have now finalized their settlement agreement and request a short
extension to the stay to allow for performance under their settlement agreement.
Therefore, it is hereby stipulated and agreed by and between the undersigned counsel for
Plaintiff Worlds Inc. and Defendant Linden Research, Inc., d/b/a Linden Lab, subject to the
approval of the Court, that this case is stayed until May 27, 2021, at which time the Parties
anticipate filing a joint stipulation to dismiss the lawsuit with prejudice.
Dated: May 11, 2021
RATNERPRESTIA
By: /s/ Jeffrey B. Bove
POTTER ANDERSON & CORROON LLP
By: /s/ Bindu A. Palapura
Jeffrey B. Bove (#998) David E. Moore (#3983)
I verified this is true!!!!$ settlement reached!!!!!
I would hope that too
Financial statements. They cant fully hide a settlement.
Nothing about LL right now. Last update still April 8th.
Mostly looking for the good news..IE case dismissed. I really dont expect much in 5he terms of efficiency here.
Still nothing on PACER for LL.
Thanks for allowing me to sell for a profit Friday :) I still own the vast majority of the position I had 2 weeks ago though. Not selling everything for little profit. Just bringing my risk level to an appropriate level.
Deadlines dont seem to mean much in these cases so not holding my breath.
We are all living in the twilight zone. Nothing makes sense. Why did this spike today again with no public information? Same thing Friday?
No new LL PACER. Just checked.
Nothing new on PACER yet.
I will be updating the board on any new PACER docs relating to Linden in the morning.
My exact thoughts too but for the last 7 years. It is a new ball game right now to be played different.
I retract in full my statement. Still glad to have unloaded some shares. Looking for my re entry already.
The language as written in the document indicates wddd and msft are waiting for the WDDD and atvi lawsuit appeal to go through the process.
Time to make money on people's emotions and greed.
Ditto, know your in and out points before investing a dime. That has saved many 10's of thousands alone just in this ticker.
If this is a settlement I am sending you a privite message for where I can send you a good bottle of wine. I had a limit sell that only sold about 5% of it and immediately canceled after reading that. The word settlement in any press release will send this up considerably from this level.
"An orderly resolution" sure sounds like settlement!
Source for the settlement?
If there is anything short of case dismissed. No settlement happened. I havent looked at PACER today.
Watch closely for the Supreme Court’s decision on American Axle’s petition later this term. The case is Case No. 20-891 in the United States Supreme Court.
Come on Justice Chen and Moore!
2 years
Case 1:12-cv-10576-DJC Document 358 Filed 04/30/21 Page 1 of 19
Above from Microsoft when they filed. Hours after the Activision filing. It takes Casper 9 months but somehow this gets done in hours! Hoe can a reasonable person draw to conclusion that this decision was made lomg before it was "officially" made.
Hey Savvy, what is the Linden Lab's case number? I cant find it all of a sudden as I have in the past.
Kid
Um, how could they include so much related to Casper's ruling within 24 hrs of Casper's ruling?
Would love to hear people's thoughts on comment below.
"The court’s decision focused much of its analysis on claim 4 of the ‘690 patent, which was fully considered and found valid and patentable by the Patent Trial and Appeal Board in the challenges raised by Bungie in 2015.”
It seemed as though Casper was using old case law to justify her decision directly contradicting PTAB. I know judges have free reign but is it enough for appeal just to point out she was using bad case law? The law is a fluid concept based on case law/precedent so by using outdated/old information, is she in the right?
Nothing at 9 AM EST today
That's the bad thing. That is why I will ask for counsel about how to approach this.
Have faith. PTAB got it wrong, CAFC sent it back, PTAB got it right. Casper got it wrong based on what Casper said about 7 years ago. If CAFC gets it right again, Casper will fall in line the second time. If she doesnt, I will higher a lawyer to be able to access her financial records to make sure there was no gain from this questionable decision.
I cant believe the oppurtunity to buy shares near the 1 cent pre split days that I snagged shares like 6 years ago.
Nothing on PACER this morning about LL case.
This will be higher than 6 cents once they appeal. My limit order didnt get filled because I wasnt giving shares away. The PR changed my mind.
MRMD value is about 6 cents.
Whats cheap? My small order didnt fill yet
I know my sell minimum. If it goes below, I am waiting a few more years on the appeal. I also know I will still own 6 figures + worth of shares by EOD tomorrow not matter what happens. Shoot, if it drops low enough I will scoop up with some other recent profits
I have overbought with less than a week before the first settlememt and was planning on selling to a more balanced level. I still will have over 200k shares after this rebalance which will still be my largest position of any individual equity I own. I didnt see thus train wreck happening at this juncture after all of these years and after 0 questions were asked by Casper about step 2 of the 101 during the hearing last July. Still in shock this is possible. I can see WDDD losing at a jury trial but not at this point which is why i was about to rebalnce when there was volume to sell a bit.
You can take half my shares for 20 cents each. Can I call you for a privite placement at this rate? I am locked into the other half.
Anybody know about filing something like a Freedom of Information act about this ruling? How long has it been written and why it gets released days before a settlement?
Bought more this morning! Position near 300k of total shares now. Average price near 20 now with the averaging up game.