UnifiedOnline Inc fka UOIP

[VortMax]

indemnification request by MSO's to Arris

why ask if not guilty?, next Q report out tomorrow AH from ARRS


https://ih.advfn.com/p.php?pid=nmona&article=77386285

ChanBond v. MSOs, C.A. 15-cv-00848, et al, District of Delaware (RGA). On September 21, 2015, ChanBond filed suit against several MSOs alleging infringement of three U.S. Patents. Certain of our customers have requested that we provide indemnification. ARRIS has filed requests for Inter Partes Review (“IPR”) of the asserted patents. The complaint requests unspecified damages for infringement. To date, no evidence of infringement or damages has been introduced. It is premature to assess the likelihood of an unfavorable outcome. In the event of an unfavorable outcome, ARRIS may be required to indemnify the MSOs and/or pay damages for utilizing certain technology.