Pretty much what you said, @Alvato--with the added key date that Sprint has til August 7th to make the appeal to move the case to Supremes (though I think that the CAFC judgement was written in such a way to make that appeal d.o.a). Will the post judgement interest take us to $35 million? Guess we find out on May 15th?!
Prism Tech. reports Federal Circuit rejects Sprint's (S) request for rehearing
5:36 PM ET 5/8/17 | Briefing.com
Court of Appeals for the Federal Circuit rejected a request by Sprint Spectrum LP d/b/a Sprint PCS for a rehearing of Sprint's appeal of the patent infringement verdict in favor of its subsidiary, Prism Technologies. In June 2015, a jury in the United States District Court for the District of Nebraska found that the accused Sprint network systems and methods infringe multiple claims of U.S. Patent Nos. 8,387,155 and 8,127,345 and Prism LLC was awarded trial damages of $30 million. Prism LLC was also awarded $2 million in prejudgment interest and will be entitled to post-judgment interest in an amount to be determined. The Federal Circuit will issue its mandate on May 15, 2017, transferring jurisdiction of the case back to the District Court. Sprint, however, has until August 7, 2017 to appeal the case to the U.S. Supreme Court, which is not obligated to accept the appeal.
News 
Market Data 
Discover 
