Friday, February 16, 2018 10:39:14 AM
"On Friday, February 9, 2018, Finjan and Symantec signed a term sheet agreeing to key terms of settlement for the various disputes that currently exist between those two parties, including for all the claims at issue in this litigation. Symantec and Finjan are now working on finalizing the settlement agreement and any other paperwork necessary to resolve this litigation. Finjan and Symantec wanted to notify the Court of this development in this case and to request a 30-day stay to all deadlines in the case so that Finjan and Symantec may focus on finalizing their settlement agreement."
Verify on pacer:
Case Name: Finjan, Inc. v. Symantec Corp.
Case Number: 4:14-cv-02998-HSG
Filer: Finjan, Inc.
Document Number: 365
Docket Text:
STIPULATION WITH PROPOSED ORDER re: Joint Statement and Proposed Order to Stay Case filed by Finjan, Inc.
FNJN Finjan Holdings is a $75M market cap company with $41M in cash and less than 28M shares outstanding. This settlement is expected to be in the $100M - $150M range.
Your opportunity to get in on verifiable, publicly-available yet obscure news before the masses become informed. Do your DD and get ready for a pop to $5 - $8 depending on the terms of the settlement.
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