there was a conference call with the judge yesterday,
settlement talks still on the table.. maybe thats why we get an uptick today.. I would think that item #1, loss profit claim being thrown out would hurt share price thou.
cut and pasted..
Minutes of proceedings [non-document] before Judge Sara Lioi. On September 3, 2014, the Court conducted a telephonic status conference. Attorneys Justin Nelson, Jordan Talge, and Orville Reed participated on behalf of plaintiff Zecotek Imaging Systems. Attorneys Tracy Quinn, Matthew Frederick, Kip Bollin, and Kirsten Rydstrom participated on behalf of defendant Saint-Gobain Ceramics & Plastics. Attorneys Robert McBride and Brian Rosenthal participated on behalf of defendant Philips Healthcare Informatics. Prior to the status conference, the parties filed a joint status report. (Doc. No. 261 .) The Court specifically discussed with counsel certain aspects of the report. The first point discussed was the statement in paragraph 1 of the joint status report that plaintiff Zecotek was withdrawing its claim for lost profits. Zecotek has not formally filed a separate document in this regard, but confirmed that it was withdrawing the claim. Zecotek's withdrawal of its lost profits claim is duly noted by the Court and the claim is hereby deemed withdrawn. The second point discussed was the parties' consideration of the whether and when a settlement conference might be useful. The possibility of a settlement conference remains under consideration by the parties. Should the parties wish to mediate the case through a court-annexed dispute resolution process (see Local Rules 16.4 through 16.7) or with the assistance of the assigned Magistrate Judge, they shall file a joint notice requesting same. The third point discussed was defendants' intention to amend their counterclaims and invalidity contentions. Any motion by defendants for such leave to amend must be filed by September 5, 2014, and any response by plaintiff must be filed by September 19, 2014. Lastly, the parties discussed with the Court the page limitations and manner in which dispositive motions will be filed with the Court on December 5, 2014. Any proposal the parties wish the Court to consider for submitting dispositive motions outside of the normal requirements of the Local Rules must be filed by November 7, 2014. (Time: 30 minutes) (Court reporter: none) (P,J) (Entered: 09/03/2014)
